Integra Business Solutions and Office Friendly have revealed that they are in discussions regarding a potential merger.
This move comes as both organisations aim to leverage synergies and align their growth plans to benefit members’ businesses and the independent dealer channel. According to a joint statement from Integra and Office Friendly, the boards of both dealer groups have identified several areas of mutual benefit, including diversification, sustainability and digital solutions.
The process of a potential merger has been initiated, with shareholders from both companies having received communication regarding the proposal and respective voting requirements. The outcome of these votes and the next steps in the merger process are expected to be communicated at the beginning of October.
Meanwhile, both businesses have assured members and partners that there will be no disruption to their businesses or any changes to existing trading relationships during this process.
Talking to Workplace360, Office Friendly Managing Director Jeanette Caswell said: “Both organisations are excited by the initial reactions by members and the trade to the proposal of a merger between Office Friendly and Integra. We are still in the midst of finalising initial voting, legal and administrational processes but so far all signs are positive.
“We anticipate being able to provide our members and the wider trade with the final outcome and formal next steps during this quarter.”
