evo / Paragon Agreement

evo is pleased to announce the completion of the followings agreements with Paragon Customer Communications (London) Limited, (Paragon):

• evo’s wholesale channel, VOW, has entered into a multi-year supply agreement with Paragon to provide them with business supplies. This agreement is very similar to the wholesale arrangement that VOW and Office Team had some years ago.

• evo has also acquired the 5-Star brand from Office Team.

These agreements are good news for evo:

• VOW has gained a major new wholesale contract, winning back business it enjoyed some years ago.

• evo has secured the future of the 5-Star brand and will continue to make this available to customers.

Commenting:

Andrew Gale, evo CEO

“We are pleased to close out these agreements with Paragon. This has taken a lot of work from a lot of people and the team on both sides should be commended for the open and commonsense attitude that has been adopted. This is good for evo, it is good for Paragon, and it is good for all stakeholders.”

Jeremy Walters, Paragon CEO

“This has been a complicated discussion, and we are pleased with the outcome and excited about the opportunity that this creates for both sides.”