Office Products News

Office Choice buys third Victorian dealer

Dealer group expands presence across Mornington Peninsula.
 
Office Choice Limited has acquired a third Victorian dealer, Peninsula Office Supplies, based at Tyabb, about 50 kilometres south-east of Melbourne.
 
The purchase follows the acquisitions earlier this year of Office Choice members Rosebud and Global Office & Warehouse Solutions.
 
Peninsula Office Supplies, a former Office National-branded Office Brands member, was owned by Kristen and Richard Leknius, who founded the business in 2017.
 
Peninsula Office Supplies has been integrated into Global Office Choice, located in Carrum Downs.
 
"Acquiring Peninsula Office Supplies is a strategic move that aligns with our vision to lead the office supplies market across the Mornington Peninsula," Brad O’Brien, CEO of Office Choice Limited, said. 
 
"This acquisition not only strengthens our position within a key competitive market but also demonstrates our commitment to delivering value through thoughtful expansion and support of the broader independent sector, " he said.
 
In a statement, Office Choice added:
 
“This acquisition represents a significant expansion of Office Choice’s presence and underscores its commitment to the ‘2024 & Beyond’ strategy aimed at driving market share, enhancing member services and delivering value to shareholders,” Office Choice said. 
 
“The acquisition of Peninsula Office Supplies brings a respected competitor-aligned business with a robust customer base into the Office Choice family. Driving operational efficiencies and regional Leadership The integration of Peninsula
Office Supplies is expected to yield significant operational synergies and enhanced service capabilities. 
 
“By leveraging economies of scale and maximising operational efficiencies, Office Choice continues to improve its cost structure, optimise service delivery, and position itself for long-term growth and profitability.”
 
PHOTO: Kristen and Richard Leknius with Office Choice CEO Brad O’Brien (left).
 
 
 
 
Date Published: 
8 November 2024