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New Zealand Office Supplies acquired by NXP

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Stationery distributor New Zealand Office Supplies has been acquired for an undisclosed sum.

The company, which employs 34 staff and has offices in Auckland, Wellington and Christchurch, was placed into voluntary administration on May 1 by its sole director Michael Manikas and administrators Steven Khov and Kieran Jones of Khov Jones were appointed administrators.

The Administrators and NXP, the country’s largest supplier of business supplies and cleaning products to the corporate and government sectors, came to an agreement for the business to change hands overnight.

Auckland-based NXP will officially takeover the business, which acquired the exclusive rights for Fuji Xerox paper products last year, early next week.

Read more here.

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