GBC buys Fastbind

The merger of Fastbind into GBC will broaden GBC’s portfolio of leading brands.  With increases in scale and product range, GBC says it will be well positioned to capitalise on further growth opportunities in the document, print and finishing markets.

David Lane, managing director of Fastbind says, “I’m pleased to say that this change will benefit our customers as they will be provided with an expanded sales and service team to support their requirements. The combined range of GBC and Fastbind’s products will enable GBC to meet the customer’s requirements and will provide GBC with improved synergies.”

Stuart Macdonald, managing director of GBC says, “Fastbind and GBC are an excellent strategic fit and we’re excited about our growth opportunities” said.  Combining our two companies’ strengths will increase our product breadth and provide excellent opportunities to increase efficiencies.”

All of the sales and warehouse facilities of Fastbind will be combined at GBC Australia’s premises in Sydney, Melbourne, Brisbane, Canberra and Perth and GBC will continue to provide the high level of service and support that customers have come to expect from Fastbind.”

Macdonald continues. “With Fastbind’s 30 plus years as a finishing equipment supplier, and GBC in its 55th year of business, our combined technical knowledge and market expertise will contribute significantly to the success of the business.”

 

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