May 2018 – COS Acquisition of Lyreco Australia
With effect as of the 1st of May 2018, we are pleased to announce that COS has successfully acquired the Lyreco Australian business.
Through this acquisition, we are delighted to deliver to our customers throughout Australia a clear locally owned and operated alternative, with significant buying influence to deliver competitive prices, value added services that equal global standards, and a leadership team that is passionate about the customer experience.
The acquisition makes a lot of sense for both companies with COS seeking to continue our growth and success in providing businesses with a strong alternative to buy from an Australian owned company, and Lyreco in a phase of strategic review in Australia. We look forward to a continued partnership with Lyreco in servicing their international customers throughout Australia.
We look forward to welcoming all Lyreco customers to COS. For existing COS customers it is business as usual and you should expect no disruption to service levels. A detailed integration plan will be put into place making sure there is a smooth transition for all Lyreco customers with no disruption to COS customers; an important priority.
For further details of the Lyreco business and acquisition plan please refer to the formal press release and answers to some questions we’ve anticipated you might have regarding the acquisition and integration process.
We value your business and will remain focused on servicing your needs. If you have any questions, please do not hesitate to contact your COS account manager or customer service representative on 1300 88 22 44.