On the Record · ODP

ODP acquisitions, on the record

The businesses ODP bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
consumer business Word for word“On June 21, 2022, our Board of Directors, with the assistance of its financial and legal advisors, completed its review of both proposals received by the Company to acquire our consumer business and unanimously determined it to be in the best interests of the Company and its shareholders not to divest our consumer business at this time.” 10-K for 2022	agreed divestiture	On June 21, 2022	—
Business in Europe Word for word“As part of the sale of our business in Europe, we have retained responsibility for the defined benefit plan covering certain employees in the United Kingdom.” 10-K for 2022	divestiture	—	—
BuyerQuest Holdings, Inc. Word for word“In connection with our development efforts of this Division, we acquired BuyerQuest Holdings, Inc. ("BuyerQuest") in 2021, a software as a service eProcurement platform company.” 10-K for 2022	acquisition	in 2021	—
CompuCom Division Word for word“The change in operating cash flows of discontinued operations in the comparative periods was primarily driven by the sale of our CompuCom Division on December 31, 2021.” 10-K for 2022	divestiture	December 31, 2021	—
two small independent regional office supply distribution businesses in the U.S. Word for word“In 2023, we acquired two small independent regional office supply distribution businesses in the U.S.” 10-K for 2023	acquisition	2023	—
Federation entities (over 20 regional office supply distribution businesses) Word for word“This segment also includes our Federation entities, which are over 20 regional office supply distribution businesses acquired by us as part of our transformation to expand our reach and distribution network into geographic areas that were previously underserved, and which continue to operate under their own brand names.” 10-K for 2023	acquisition	—	—
business in Europe (European Business) Word for word“As part of the sale of our business in Europe, we have retained responsibility for the defined benefit plan covering certain employees in the United Kingdom.” 10-K for 2023	divestiture	—	—
a small independent regional office supply distribution business in Canada Word for word“In 2024, we acquired a small independent regional office supply distribution businesses in Canada.” 10-K for 2024	acquisition	In 2024	—
Varis Division Word for word“We sold our Varis Division to an affiliate of Arising Ventures, while retaining a minority interest of 19.9% after the sale, on October 18, 2024.” 10-K for 2024	divestiture	October 18, 2024	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Goodwill from acquisitions
2017-12-30	$872 million	$485 million
2018-12-29	$81 million	$70 million
2019-12-28	$22 million	$22 million
2020-12-26	$30 million	$21 million
2021-12-25	$29 million	$68 million
2022-12-31	—	$0
2023-12-30	$16 million	—
2024-12-28	$11 million	—

Deal filings since 2016

2025-12-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-12-10 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2025-09-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-05-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-04-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-03-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-12-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-01-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-01-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-01-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-05-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-04-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-09-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-11-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-11-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-11-09 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2017-10-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-01-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-11-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-05-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-02-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from ODP’s annual reports (10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2025-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.