Atlas Holdings Acquires The ODP Corporation for $1 Billion

December 10, 2025

Atlas Holdings agreed to acquire The ODP Corporation (Office Depot/OfficeMax and ODP Business Solutions) in an all-cash transaction valued at approximately $1 billion. The deal closed in December 2025, with ODP becoming privately held and Craig Gunckel appointed CEO as ODP’s stock was delisted from Nasdaq.

Targets
The ODP Corporation
Industry
IT Services
Location
Florida, United States
Transaction Type
Buyout

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