Corporate Profile:
Boise Cascade |
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Background to Significant Australian Mergers, Joint Ventures and Acquisitions
Timeline of Mergers, Acquisitions, Join Ventures, Major Contracts
Pedersen Stationers Pty Ltd (founded in 1969) was renamed Pedersen Contact in 1994 as the result of a management buyout of a division of Spicers Paper Limited. The business distributed stationery and office products to Government, major corporate and education customers. Pedersen was sold in 1996 to Boise Cascade Office Products Corporation27.
Supply West, the state supply organization of the WA Government28, was acquired in 1999.
...Boise Cascade Office Products Corporation (NYSE: BOP) announced that it has agreed to acquire Supply West, the state supply organization of the Western Australian Government. The business has annualized sales of approximately A$16 million. Supply West is a supplier of office and ancillary products to the Western Australian government and its agencies, schools, hospitals and other health care entities. "Supply West, with its strong focus on government and the education market, provides a natural fit with our existing operations and allows us to further leverage our infrastructure," said Chris Milliken, President and CEO of Boise Cascade Office Products29.
Boise Cascade Corp. announced that Boise Cascade Office Products (BCOP), its wholly owned subsidiary, has formed a joint venture with Guilbert S.A. of France to provide global service capabilities for both companies' customers. Through the new venture, BCOP will service customers in North America, Australia, and New Zealand. Guilbert will service customers throughout Europe and parts of the Middle East. Both companies offer business customers next-day desktop delivery of office supplies, paper, technology products, and furniture. Boise Cascade Corp. also announced the sale to Guilbert of BCOP's European direct-marketing and contract stationer operations. Terms of the sale were not disclosed.." 30 Guilbert, a subsidiary of Pinault-Printemps-Redoute, is the European leader in distribution of office supplies, office furniture, and IT equipment, with 1999 sales of FRF 7.3 billion made in 10 European countries. Guilbert has based its expansion on a concept of global customer service, for major customers and SMEs alike, via three sales formats: mail order sales with a catalogue containing over 9,000 product references of which 2,300 are under its own name, direct sales via a sales staff network of 1,500, and Internet through its Guilbweb extranet (personalized electronic catalogue) and guilbertdirect.com31.
In October 2000 Boise acquired the US Office Products company, Blue Star Business Supplies Group, incorporating Blue Star Office, Goodman Cannington Prince, ATC, Codafile, State Supply, SPS Supply, Bookland, OTC and Whitcoulls Office Products. This purchase increased BCOP sales in Australia and New Zealand in excess of AUD$700million annually32.
Boise Cascade Office Products Corporation, which is owned by Boise Cascade Corporation of the U.S.A. has approval to acquire New Zealand Office Products Ltd and Croxley Stationery Ltd from Blue Star Group Ltd … Blue Star Group is owned by US Office Products Company of the U.S.A. (USOP). Boise Cascade, a major forestry company, has been in the centre of controversy in Mexico, Chile, the U.S. and Canada because of its environmental practices in involvement in the logging of old-growth and endangered forests...33
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