ACCO Brands Corporation (ACCO) Tops Q3 EPS by 1c; Boosts FY16 EPS Outlook
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ACCO Brands Corporation Reports Third Quarter 2016 Results
October 24, 2016 7:14 AM EDTLAKE ZURICH, Ill., Oct. 24, 2016 /PRNewswire/ -- ACCO Brands Corporation (NYSE: ACCO), one of the world's largest designers, marketers and manufacturers of branded business, academic and consumer products, today reported its third quarter results for the period ended September 30, 2016. In a separate release, the company also today announced it has entered into a definitive agreement to acquire Esselte Group Holdings AB ("Esselte").
"We are excited to add Esselte, its talented employees and its portfolio of products and... More
ACCO Brands Corporation To Acquire Esselte Group Holdings AB
October 24, 2016 6:45 AM EDTLAKE ZURICH, Ill., Oct. 24, 2016 /PRNewswire/ -- ACCO Brands Corporation (NYSE: ACCO), one of the world's largest designers, marketers and manufacturers of branded business, academic and consumer products, today announced that it has signed a definitive agreement to acquire Esselte Group Holdings AB ("Esselte"), a leading European office products company, from private equity firm J.W. Childs for $333 million in cash.1 Esselte's 2015 sales were $458 million with adjusted EBITDA of $60 million.1 ACCO Brands plans to combine Esselte with its existing European operations, creating a pan-European leader in branded business... More
