OFFICE school supply companies are experiencing huge growth despite the collapse last year of Wooldridges, with national stationery supplier OfficeMax Australia due to open a new distribution centr
Schools supplier Campion Education has agreed to purchase the stock of one-time market leader Wooldridges, bringing to an end any hopes of reviving the Wooldridges business and delivering a return
NATIONAL school supplier Campion has doubled its expansion plans in light of the gap in the market left by the collapse of major player Wooldridges last month.
Unsecured creditors of school supply business Wooldridges, which collapsed last week with $50 million in debt, are likely to receive less than 10 cents in the dollar.
School supplies company Campion Education is looking to capitalise on the collapse of its main competitor Wooldridges by opening new stores in Perth and hiring staff that have been made redundant.
Osbourne Park-based Wooldridges A&M, a major player in the schools supply sector, has become the latest investment for Sydney-based private equity player Fulcrum Capital Partners.