Advantus

Advantus is a business developer and consumer product pioneer with a commitment to providing high-quality goods at a fair price through many customer channels. Their brands hold substantial holdings in some of the most competitive and rapidly changing product categories. This brand is a varied consumer products corporation comprising of five operational divisions, each of which has a family of related businesses, with product lines dating back to 1878. Their product categories include Office Products, Craft & Hobby Products, Home & Office Organization, Pool & Recreation Products, and Luggage & Tactical Products.

In their production sites in Florida, Virginia, Wisconsin, and Asia, as well as over 100 production and assembly partners across the world, they make and distribute over 5,500 consumer items. Their domestic production and warehouse capacity of more than 600,000 square feet in the United States is ideally placed near some of the country's busiest seaports for seamless delivery to their clients across the world.

Advantus grows and scales the entire business through strategic acquisitions, innovative product development, and intelligent partnerships by leveraging the Advantus Operating System (Advantus OS), a collection of unique systems, processes, tools, and core capabilities that pervade all of its business groups. Since 1988, Advantus has absorbed more than 30 organizations and product lines, using the Advantus OS and exploiting the product lines' capabilities. Mergers and acquisitions have been an essential aspect of Advantus' growth strategy since its inception. Through integration with the Advantus OS, they aim to generate substantial top-line growth and operating income expansion whenever they acquire firms.

While they are continually on the lookout for new possibilities, they are particularly interested in platform firms and bolt-on acquisitions that fit within their five operational divisions. They also take advantage of micro and macroeconomic chances to buy ailing enterprises, integrate them into the Advantus OS, and give their product lines a new lease on life. All of their purchases have had a one-of-a-kind financial structure to fit the demands of the seller as well as the buyer. Advantus, its partners, customers, and its staff have continuously achieved winning results thanks to their flexibility and open approach to structuring win-win acquisitions.

With more than 30 businesses and product lines spread over five operational divisions, the terrain for product creation is fertile and ever-changing. Advantus can succeed as a first-to-market or a fast follower in generating new concepts with long-term growth possibilities since it has access to a wide variety of client channels and a versatile business model. Innovative product creation extends the lives of the product lines they buy while also altering their growth trajectory.

Because of their diverse client base and product lines, they are able to connect with a wide range of organizations and possible product line partners. They aggressively seek collaborations with bolt-on product lines that they can produce and deliver to existing clients, including all critical accounts in the office, craft and hobby, pharmacy and grocery, and mass and discount retail channels within their five operational divisions.

Continuous innovation enables them to deliver a steady supply of value-added goods and services to their customers and end-users, resulting in continuing company development and reinvestment. According to the company, their culture is focused on values, centered on opportunities, process-oriented, and results-oriented. They have nine guiding principles that they use to direct their work. "Customers First" and "Do the Right Thing" are the first two principles. "Act With Integrity" is a complement to the others and takes precedence over them all. They say they wouldn't exist if it weren't for their customers, and they wouldn't be able to fulfill their objectives if they didn't treat all customers and team members fairly. Advantus benefits from a culture of honesty and trust because it opens doors to new opportunities and gives a clear competitive edge. They are dedicated to conducting business with honesty and fairness, and they have a reputation for treating their partners, customers, and team members appropriately.

Advantus is a massive conglomerate with thousands of employees across its locations and whopping annual revenues of almost 100 million dollars.

Where to buy Advantus

Why buy Advantus

  • Advantus is a business developer and consumer product pioneer with a commitment to provide high-quality goods at a fair price through many customer channels.
  • Their brands hold substantial holdings in some of the most competitive and rapidly changing product categories.
  • They have product lines that have been around for more than a century.
  • Advantus is home to some of the best-known brands in the home and office supplies space.
  • Their corporate social responsibility initiatives are very impressive.