AB

Acco Brands

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Company Research Report: ACCO Brands Corporation



Company Overview



  • Name: ACCO Brands Corporation

  • Mission: To design, manufacture, and market consumer and end-user products that help people work, learn, play, and thrive.

  • Founding History:

  • Origins date back to the founding of Wilson Jones in 1893, the American Clip Company (ACCO) in 1903, and the Swingline Company in 1925.

  • Formal incorporation as ACCO Brands Corporation in 2005 after the merger of ACCO World office products unit with General Binding Corporation (GBC).

  • Key People:

  • Thomas W. Tedford: President and Chief Executive Officer

  • Patrick Buchenroth: Executive Vice President and Vice President, Americas

  • Deborah A. O'Connor: Executive Vice President and Chief Financial Officer

  • Other key executives include Cezary L. Monko, Mark C. Anderson, Jagannath Bobji, Paul Daniel, James Dudek, Angela Jones, Greg McCormack, and Pamela R. Schneider.

  • Headquarters: Lake Zurich, Illinois, USA.

  • Number of Employees: Approximately 5,600

  • Revenue: $1.83 Billion in 2023

  • Recognition: Known for its leadership in the academic, consumer, and business products sector, offering brands like Mead®, Swingline®, Five Star®, Kensington®, and Leitz®, among others.


Products



Product Offerings:


ACCO Brands offers a range of academic, consumer, and business products. These are some of the featured brands:

  • Artline®: Known for high-quality writing and marking tools.

  • AT-A-GLANCE®: Renowned for planning and organizing products like calendars and planners.

  • Barrilito®: Offers school and craft products in Mexico.

  • Derwent®: Known for premier pencils and artist materials.

  • Five Star®: Offers durable and innovative school supplies.

  • Kensington®: Provides computer accessories, including security and ergonomic solutions.

  • Leitz®: Known for office supplies such as filing and binding products.

  • Mead®: Offers notebooks, folders, and planners for educational and office use.

  • PowerA™: Specializes in video game accessories and enhancements.

  • Swingline®: Famous for stapling and punching products.


Key Features:


  • Writing Tools (Artline®): Wide variety of marker and pen options with long-lasting ink and ergonomic designs.

  • Organizational Products (AT-A-GLANCE®): Innovative planner layouts designed to help users stay organized, with options for customization.

  • School Supplies (Barrilito®, Five Star®, Mead®): Durable products designed for everyday school and office use.

  • Computer Accessories (Kensington®): Security devices and productivity tools that integrate seamlessly into workspace environments.

  • Gaming Accessories (PowerA™): Offers controllers and accessories that enhance gaming experiences with features like Lumectra™ RGB lighting.


Recent Developments



  • Product Innovation:

  • Swingline® unveiled the new Optima® Electric Staplers, enhancing workspace tool offerings.

  • Quartet® expanded the InvisaMount® Line by introducing new glass board sizes catering to diverse workspace needs.

  • PowerA™ introduced the Enhanced Wireless Controller with Lumectra™ RGB for Nintendo Switch™, adding vibrant color options for gamers.


  • Awards and Recognition:

  • Kensington received the Microsoft Product of the Year Award for its Rugged Case with CAC Reader.


  • Strategic Initiatives:

  • ACCO Brands continues to support global communities through partnerships such as its initiative with IFF América de Fondacio in Chile.


  • Community and Cultural Engagement:

  • Celebrated pivotal cultural moments like Black History Month and International Women’s Day, highlighting achievements within and outside the company.


  • Sustainability Efforts:

  • ACCO Brands EMEA reconfirmed its EcoVadis Bronze Medal with a significantly improved rating, underscoring its commitment to sustainable business practices.


Conclusion



ACCO Brands Corporation has established itself as a leader in the academic and office supplies market. Through strategic mergers, acquisitions, and a focus on innovation, the company continues to offer a broad portfolio of recognized and trusted products globally. The company is committed to creating value for its shareholders and improving the everyday lives of people utilizing its products around the world.