Add-on Acquisition • Distribution

ACCO Brands Acquires Pelikan Artline Pty.

On March 21, 2016, ACCO Brands acquired distribution company Pelikan Artline Pty. for 103M USD

Acquisition Context
  • This is ACCO Brands’ 1st transaction in the Distribution sector.
  • This is ACCO Brands’ 2nd largest (disclosed) transaction.
  • This is ACCO Brands’ 1st transaction in Australia.

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M&A Deal Summary

Date March 21, 2016
Target Pelikan Artline Pty.
Sector Distribution
Buyer(s) ACCO Brands
Deal Type Add-on Acquisition
Deal Value 103M USD

Target Company

Pelikan Artline Pty.

Sydney, Australia
Pelikan Artline Pty. Ltd. is a distributor of academic, consumer and business products in Australia and New Zealand.
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Buyer Overview 1

Buyer

ACCO Brands

Lake Zurich, Illinois, United States

Category Company
Founded 1893
Sector Consumer Products
Employees5,000
Revenue 1.7B USD (2024)
DESCRIPTION
ACCO's corporate headquarters in Lake Zurich, Illinois.
ACCO's corporate headquarters in Lake Zurich, Illinois.

ACCO Brands is a designer, marketer, and manufacturer of branded business, academic, and consumer products. ACCO's widely recognized brands include AT-A-GLANCE®, Five Star®, Kensington®, Leitz®, Mead®, PowerA®, Swingline®, Tilibra® and many others. ACCO Brands was founded in 1893 and is based in Lake Zurich, Illinois.


Deal Context for Buyer #
Overall 1 of 5
Sector: Distribution 1 of 1
Type: Add-on Acquisition 1 of 4
Country: Australia 1 of 1
Year: 2016 1 of 2
Size (of disclosed) 2 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-24 Esselte

Stamford, Connecticut, United States

Esselte Corp. is a manufacturer and marketer of office and consumer products. It takes products to market under the Leitz, Rapid and Esselte brands in the storage and organization, stapling and punch, business machines and do-it-yourself tools product categories.

Buy $333M