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ACCO Brands Corporation (NYSE: ABD), a world leader in select categories of branded office products, announced today that it had completed its plans for merging the full ACCO and General Binding Corporation ("GBC") businesses, resulting in: Focused Health Solutions Globe Union General Binding Corporation The Manitowoc Company SourceMedia Woodhead Industries, Inc. This consolidation, along with previously disclosed actions and planned facilities closures and downsizings, will account for 100% of the company's targeted $40 million net cost synergies resulting from the merger of the former ACCO World and General Binding Corporation ("GBC"). |
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