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| Industry | Office supplies |
|---|---|
| Founded | 2007 |
| Headquarters | Sheffield , England |
Area served | United Kingdom, Europe |
| Revenue | £383,800,000 [1] |
Number of employees | 1400 |
| Divisions | VOW VOW Retail Supplies Team |
| Website | vasantagroup.com |
Vasanta Group is the UK's largest office supplies company, headquartered in Sheffield.
The United Kingdom (UK), officially the United Kingdom of Great Britain and Northern Ireland, and often referred to as Britain, is a sovereign country located off the north-western coast of the European mainland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands. Northern Ireland is the only part of the United Kingdom that shares a land border with another sovereign state, the Republic of Ireland. Apart from this land border, the United Kingdom is surrounded by the Atlantic Ocean, with the North Sea to the east, the English Channel to the south and the Celtic Sea to the south-west, giving it the 12th-longest coastline in the world. The Irish Sea lies between Great Britain and Ireland. With an area of 242,500 square kilometres (93,600 sq mi), the United Kingdom is the 78th-largest sovereign state in the world. It is also the 22nd-most populous country, with an estimated 66.0 million inhabitants in 2017.
Office supplies are consumables and equipment regularly used in offices by businesses and other organizations, by individuals engaged in written communications, recordkeeping or bookkeeping, janitorial and cleaning, and for storage of supplies or data. The range of items classified as office supplies varies, and typically includes small, expendable, daily use items, consumable products, small machines, higher cost equipment such as computers, as well as office furniture and art.
Sheffield is a city and metropolitan borough in South Yorkshire, England. Historically part of the West Riding of Yorkshire, its name derives from the River Sheaf, which runs through the city. With some of its southern suburbs annexed from Derbyshire, the city has grown from its largely industrial roots to encompass a wider economic base. The population of the City of Sheffield is 577,800 (mid-2017 est.) and it is one of the eight largest regional English cities that make up the Core Cities Group. Sheffield is the third-largest English district by population. The metropolitan population of Sheffield is 1,569,000.
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Formed in 2007 after the management buyout of Kingfield Heath, the company then merged with ISA and Supplies Team to form Vasanta Group. It is listed on the Top Track 100 of the UK's 100 largest private companies.
A management buyout (MBO) is a form of acquisition where a company's existing managers acquire a large part or all of the company from either the parent company or from the private owners. Management and leveraged buyouts became phenomena of the 1980s. MBOs originated in the US and traversed the Atlantic, spreading first to the UK and throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France.
Now the UK's largest offices supplies company, it distributes office supplies on a UK wide basis, and computer supplies on a European basis.
In July 2009 Vasanta announced a refinancing deal with Endless. [2]
Vasanta is listed on the Top Track 100 of the UK's 100 largest private companies. [3]
