Acco Brands merger complete

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18 August 2005 – Lincolnshire (IL): Acco Brands has begun trading on the New York Stock Exchange under the ticker symbol ABD, following its newly completed merger.

 

Acco Brands has been created through the merger of Fortune Brands’ Acco World Office Products with General Binding Corporation. The newly created company has annual revenues of nearly $2 billion.

 

Chairman and CEO David Campbell said: "We will immediately begin executing our detailed integration plans, which includes achieving the previously-disclosed annual target of $40 million in net cost synergies by the end of 2007."