Office Depot selects Boca Raton for headquarters
Boca Raton, Fla. -- Office Depot has selected Boca Raton, Fla., for its global headquarters rather than the Naperville, Ill., corporate home of its merger partner OfficeMax.
In November, Office Depot Inc. and OfficeMax completed their merger and took the name Office Depot. The new company will use Office Depot’s existing corporate campus in Boca Raton.
“Selecting the headquarters location is a critical step toward integrating our two companies,” said Roland Smith, chairman and CEO, Office Depot, Inc. “Both Florida and Illinois have many positive attributes, but our analysis concluded that Boca Raton provides the best platform for us to achieve planned synergies, leverage assets to drive improved profitability, and launch a compelling vision for the future.”
Office Depot will maintain a presence in Naperville throughout the headquarters transition and accompanying integration activities.
The company has about 1,600 workers in Illinois and 1,700 in Boca Raton.
The location of Office Depot and OfficeMax stores, customer service centers, warehouses and distribution centers are not affected by the selection of the headquarters location.