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ACCO Brands Corporation is an American multinational company. It was created by the merger of ACCO World from Fortune Brands with
General Binding Corporation 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 ACCO Brands Corporation is an Ame ...
(GBC).


History

In 1903, Fred J. Kline founded the Clipper Manufacturing Company (a maker of
paper clips A paper clip (or paperclip) is a tool used to hold sheets of paper together, usually made of steel wire bent to a looped shape (though some are covered in plastic). Most paper clips are variations of the ''Gem'' type introduced in the 1890s or ...
) in Long Island, New York. In 1910, the company became the American Clip Company, and first used the name "ACCO" as an
initialism An acronym is a type of abbreviation consisting of a phrase whose only pronounced elements are the initial letters or initial sounds of words inside that phrase. Acronyms are often spelled with the initial letter of each word in all caps wi ...
, 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, a company selling stationery products. 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. In 2005, ACCO was spun off from Fortune Brands and, through the merger with the General Binding Corporation, ACCO Brands was formed. In 2012, ACCO Brands completed a $860 million deal to combine with
MeadWestvaco MeadWestvaco Corporation was an American Packaging and labeling, packaging company based in Richmond, Virginia, Richmond, Virginia. It had approximately 23,000 employees. In February 2006, it moved its corporate headquarters to Richmond. In March ...
’s Consumer and Office Products business. 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. ACCO signed a deal with
MyBinding MyBinding is one of the largest binding and laminating dealers in the United States, with over 90 years of industry experience. Supported by a dedicated team and a comprehensive online knowledge base, it offers resources on binding, laminating, an ...
and SYNNEX Corporation to expand distribution on commercial line of GBC binding and laminating products. ACCO acquired Esselte Group Holdings in 2017. 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 An economic conflict between China and the United States has been ongoing since January 2018, when U.S. president Donald Trump began Tariffs in the first Trump administration, imposing tariffs and other trade barriers on China with the aim of fo ...
. The company's relief application said sales had increased 200% and they were needed for healthcare workers. ACCO acquired
video game peripheral A video game accessory is a distinct piece of hardware that is required to use a video game console, or one that enriches the video game's play experience. Essentially, video game accessories are everything except the console itself, such as cont ...
manufacturer Manufacturing is the creation or Production (economics), production of goods with the help of equipment, Work (human activity), labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary se ...
PowerA in 2020.


See also

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Advanced Gravis Computer Technology Advanced Gravis Computer Technology, Ltd. was a manufacturer of computer peripherals and hardware. The company was founded in 1982 in British Columbia, Canada. Their most famous products were the Gravis PC GamePad, at one time one of the most ...
*
Derwent Cumberland Pencil Company Derwent (formerly the "Cumberland Pencil Company") is a brand of pencils, art materials, and other stationery. The business began in 1832 in Cumberland under the name of "Banks, Son & Co". The company was bought by US corporation ACCO Brands (know ...
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General Binding Corporation 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 ACCO Brands Corporation is an Ame ...
*
Kensington Security Slot Kensington Security lock: unlocked, locked The Kensington Security Slot is the rightmost opening on the side of this Acer Swift 3 laptop computer The Kensington Security Slot (also called a K-Slot or Kensington lock) is an anti-theft system for ...
*
Swingline Swingline is a division of ACCO Brands Corporation that specializes in manufacturing staplers and hole punches. From its foundation in 1925, the company was located in Long Island City, Queens, New York, United States, until the plant was moved ...


Notes


References


External links

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ACCO Brands home

Official Rexel Website
{{Authority control Companies listed on the New York Stock Exchange Manufacturing companies established in 1903 Manufacturing companies established in 2005 Companies based in Lake County, Illinois Office supply companies of the United States Manufacturing companies based in Illinois 1980s initial public offerings Lake Zurich, Illinois