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Company type | Public |
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NYSE: ACCO Russell 2000 Component | |
Industry | Manufacturer |
Founded | 1893 2005 (Merger with ACCO World and General Binding Corporation ) | (as Clipper Manufacturing Company)
Founder | Fred J. Kline |
Headquarters | , U.S. |
Area served | Worldwide [lower-alpha 1] |
Key people | |
Products | Office products |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Number of employees | 6,000 (2021) [1] |
Subsidiaries | PowerA |
Website | www |
ACCO Brands Corporation is an American multinational company and is one of the world's largest designers, manufacturers, and marketers of premium business, technology, academic, and consumer products. [2] It was created by the merger of ACCO World from Fortune Brands with General Binding Corporation (GBC). [3]
In 1903, Fred J. Kline founded the Clipper Manufacturing Company (a maker of paper clips) in Long Island, New York. [4] In 1910, the company became the American Clip Company, and first used the name "ACCO" as an initialism, which became the company's formal name in 1922. After many acquisitions, ACCO went public in 1983, and was acquired in 1987 by American Brands (later Fortune Brands).
In 1990, ACCO acquired Hetzel in Germany, [5] a company selling stationery products. [6] In 1992, ACCO UK was created from the integration of ACCO Europe and Rexel Ltd. ACCO UK is the UK's largest manufacturer of office products.[ citation needed ] In 2005, ACCO was spun off from Fortune Brands and, through the merger with the General Binding Corporation, ACCO Brands was formed. [7]
In 2012, ACCO Brands completed a $860 million deal to combine with MeadWestvaco’s Consumer and Office Products business. [8] The transaction added brands like Mead, Five Star, Trapper Keeper, AT-A-GLANCE, Cambridge, Day Runner, Hilroy, Tilibra and Grafons to ACCO Brands' product line. [9]
ACCO acquired Esselte Group Holdings in 2017. [10]
In March 2020, the company asked for Section 301 tariff relief for their Kensington laptop docking stations, which had 25% tariffs due to Trump's 2018 China–United States trade war. The company's relief application said sales had increased 200% and they were needed for healthcare workers. [11] [12]
ACCO acquired video game peripheral manufacturer PowerA in 2020. [13]
Atari is a brand name that has been owned by several entities since its inception in 1972. It is currently owned by French company Atari SA through a subsidiary named Atari Interactive. The original Atari, Inc., founded in Sunnyvale, California, USA in 1972 by Nolan Bushnell and Ted Dabney, was a pioneer in arcade games, home video game consoles, and home computers. The company's products, such as Pong and the Atari 2600, helped define the electronic entertainment industry from the 1970s to the mid-1980s.
The Esselte Leitz GmbH & Co KG, also Leitz, is a German manufacturer of office products. The company, which is headquartered in Stuttgart, is owned by Esselte since 1998, who in turn were acquired by ACCO Brands in 2017. Today the brand Leitz is used by Esselte mainly for filing and workspace products.
AGCO Corporation is an American agricultural machinery manufacturer headquartered in Duluth, Georgia, United States. It was founded in 1990. AGCO designs, produces and sells tractors, combines, foragers, hay tools, self-propelled sprayers, smart farming technologies, seeding equipment, and tillage equipment.
Ashland Inc. is an American chemical company headquartered in Wilmington, Delaware. The company traces its roots back to the city of Ashland, Kentucky, where it was headquartered from 1924 to 1999. The company has five wholly owned divisions, which include Chemical Intermediates and Solvents, Composites, Industrial Specialties, Personal and Home Care, & Pharmaceuticals, Food and Beverage, and Agriculture. Until 2017, the company was the primary manufacturer of Valvoline.
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Danaher Corporation is an American globally diversified conglomerate founded by brothers Steven and Mitchell Rales in 1984. Headquartered in Washington, D.C., the company designs, manufactures, and markets medical, industrial, and commercial products and services. It has primarily grown by acquisitions, and historically has tried to maintain a very low public profile. Danaher was one of the first companies in North America to adopt the Kaizen principles to manufacturing, which is a lean manufacturing Japanese philosophy of continuous improvement and elimination of waste.
Wabash National is an American diversified industrial manufacturing company and North America's largest producer of semi trailers and liquid transportation systems. The company specializes in the design and production of dry freight vans, refrigerated vans, platform trailers, liquid tank trailers, intermodal equipment, engineered products and composite products. Its products are sold under the following brand names: Wabash National, Transcraft, Benson, DuraPlate, Walker Transport, Walker Defense Group, Walker Barrier Systems, Walker Engineered Products, Brenner Tank, Beall, Garsite, Progress Tank, TST, Bulk Tank International and Extract Technology. The company operates a number of Wabash National Trailer Centers, trailer service centers and retail distributors of new and used trailers and aftermarket parts throughout the United States. In 2017, the total revenue was 1.77 billion USD.
General Binding Corporation (GBC) is a business machines and supplies manufacturer which makes equipment and supplies for binding, lamination, and other presentation products. The company is part of ACCO Brands and is headquartered in Lake Zurich, Illinois.
Berry Global Group, Inc. is a Fortune 500 global manufacturer and marketer of plastic packaging products. Headquartered in Evansville, Indiana, it has over 265+ facilities across the globe and more than 46,000+ employees With $14+ billion in revenues in fiscal year 2022, the company is one of the largest Indiana headquartered company in Fortune Magazine’s ranking. The company changed its name from Berry Plastics to Berry Global in 2017.
Zimmer Biomet Holdings, Inc. is a publicly traded medical device company. It was founded in 1927 to produce aluminum splints. The firm is headquartered in Warsaw, Indiana, where it is part of the medical devices business cluster.
Esselte is a manufacturer and marketer of office products and business supplies with subsidiaries in 25 countries and sales in over 120 countries. Esselte makes files, binders, folders, covers, staplers, letter trays and computer accessories under the Esselte, Leitz, Oxford, Pendaflex, Rapid and Xyron brands. Customers range from wholesalers and direct marketers to office superstores and mass retailers.
Arrow Electronics is an American Fortune 500 company headquartered in Centennial, Colorado. A global provider of electronic components and enterprise computing products, the company specializes in distribution and value-added services for original equipment manufacturers, value-added resellers, managed service providers, contract manufacturers and other commercial customers. The company was ranked No. 109 in the 2023 Fortune 500 list of the largest United States corporations by total revenue. The company has also been recognized for 11 consecutive years at the top of its industry ranking on Fortune's “World’s Most Admired Companies” list.
W. W. Grainger, Inc., is an American Fortune 500 industrial supply company founded in 1927 in Chicago by William W. (Bill) Grainger. He founded the company to provide consumers with access to a consistent supply of motors. The company now serves more than three million customers worldwide with offerings such as motors, lighting, material handling, fasteners, plumbing, tools, and safety supplies, along with inventory management services and technical support. Revenue is generally from business-to-business sales rather than retail sales. Grainger serves its customers through a network of approximately 598 branches, online channels, and 33 distribution facilities.
American Pad & Paper LLC, or Ampad, is a manufacturer of office products, including writing pads, specialty papers, filing products and envelopes. Some products are marketed under the Ampad brand name, others are produced for brands including Staples and Wal-Mart. The company makes over 2500 products, including pads in a variety of sizes, paper grades, colors, and bindings. Its headquarters are located in Richardson, Texas, United States. with four factories in North America, including facilities in the United States and a plant in Matamoros, Tamaulipas, Mexico.
Applied Biosystems is one of various brands under the Life Technologies brand of Thermo Fisher Scientific corporation. The brand is focused on integrated systems for genetic analysis, which include computerized machines and the consumables used within them.
Westinghouse Air Brake Technologies Corporation, commonly known as Wabtec, is an American company formed by the merger of the Westinghouse Air Brake Company (WABCO) and MotivePower Industries Corporation in 1999. It is headquartered in Pittsburgh, Pennsylvania.
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Mohawk Industries is an American flooring manufacturer based in Calhoun, Georgia, United States. Mohawk produces floor covering products for residential and commercial applications in North America and residential applications in Europe. The company manufacturing portfolio consists of soft flooring products, hard flooring products, laminate flooring, sheet vinyl and luxury vinyl tile, natural stone and quartz countertops. In Europe, the company also produces and sells insulation, panels and mezzanine flooring. The company employs 43,000 people in operations in Australia, Brazil, Canada, Europe, Malaysia, Mexico, New Zealand, Russia and the United States. A Fortune 500 company, Mohawk is the worlds largest flooring manufacturer.
Walgreens Boots Alliance, Inc. (WBA) is an American multinational holding company headquartered in Deerfield, Illinois, which owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. The company was formed on December 31, 2014, after Walgreens bought the 55% stake in Alliance Boots that it did not already own. The total price of the acquisition was $4.9 billion in cash and 144.3 million common shares with fair value of $10.7 billion. Walgreens had previously purchased 45% of the company for $4.0 billion and 83.4 million common shares in August 2012 with an option to purchase the remaining shares within three years. Walgreens became a subsidiary of the newly created company after the transactions were completed. As of 2022, Walgreens Boots Alliance is ranked #18 on the Fortune 500 rankings of the largest United States corporations by total revenue.