M&A
confidence high
sentiment positive
materiality 0.75
ACCO Brands to acquire Trust for $57M; adds ~$100M revenue in tech peripherals
ACCO BRANDS Corp
- Definitive agreement to acquire Trust (GXT Holding B.V.) from Egeria for ~$57M; expected close late Q3/early Q4 2026.
- Trust generates ~$100M annual revenue; deal expected modestly accretive to adjusted EPS in first 12 months.
- Pro forma tech peripherals sales approach $500M annually; adds scale in PC/gaming accessories across Europe and Latin America.
- Expects $5-8M cost synergies within 18 months; financed via revolving credit facility with limited leverage impact.