The successful acquisition of OfficeMate Plc, the catalogue and online office supply company, is a shortcut for the retail giant Central Retail Corporation (CRC) to become a top player in Asia's online shopping segment.
Tos Chirathivat (left), the chief executive of Central Retail Corporation, exchanges an acquisition contract yesterday with OfficeMate chief executive Worawoot Ounjai. The move is expected to allow CRC to become a top player in Asia’s online shopping segment. KITJA APICHONROJAREK
Under the acquisition, two business units of CRC - Office Club (Thai), the operator of Office Depot office supply stores, and B2S, the stationery and bookstore chain - will be transferred to OfficeMate, an MAI-listed online retailer, said Tos Chirathivat, chief executive of CRC.
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