ACCO Brands to acquire Trust, putting technology peripherals on track for $500 million
A definitive agreement to acquire Trust, a Netherlands-based designer and marketer of computer and gaming accessories, moved $ACCO into focus Friday. Trust generates approximately $100 million in annual revenue. ACCO Brands expects the deal to be modestly accretive to adjusted earnings per share within the first 12 months of ownership. Competition authority approval is the next gate, with closing targeted for late Q3 or early Q4.
Key takeaways
- ACCO Brands has signed a definitive agreement to acquire Trust, a Netherlands-based designer and marketer of computer and gaming accessories that generates approximately $100 million in annual revenue.
- Once Trust is consolidated alongside Kensington, PowerA, and EPOS, ACCO Brands' technology peripherals portfolio is expected to approach $500 million in annual sales.
- The deal is expected to be modestly accretive to adjusted earnings per share within the first 12 months of ownership.
- ACCO Brands expects to realize approximately $5 to $8 million in cost savings within 18 months of closing, with the deal financed through its revolving credit facility.
- Closing is targeted for late Q3 or early Q4, pending competition authority approvals and customary conditions.
A definitive agreement to acquire Trust, a Netherlands-based designer and marketer of computer and gaming accessories, moved $ACCO into focus Friday. Trust generates approximately $100 million in annual revenue. ACCO Brands expects the deal to be modestly accretive to adjusted earnings per share within the first 12 months of ownership. Competition authority approval is the next gate, with closing targeted for late Q3 or early Q4.
The seller is Egeria, a pan-European private equity firm established in 1997 that focuses on mid-sized companies in the Benelux and DACH regions. Its portfolio spans more than 20 companies with combined revenues of approximately €3.0 billion. Trust was founded in 1983 and has more than 40 years of presence across PC accessories, gaming, smart home, and mobile products. Its lineup covers keyboards, mice, headsets, speakers, webcams, chargers, and gaming peripherals, distributed through retailers, e-commerce platforms, and B2B channels across Europe and Latin America. The business operates an asset-light model with outsourced manufacturing.
The numbers
ACCO Brands expects to realize cost savings of approximately $5 to $8 million within 18 months of closing. The company did not disclose a purchase price in Friday's 8-K. Financing runs through the revolving credit facility, with what ACCO Brands described as limited impact to pro forma leverage.
On a pro forma basis, the technology peripherals portfolio is expected to approach $500 million in annual sales once Trust is consolidated alongside Kensington, PowerA, and EPOS. ACCO Brands is headquartered in Lake Zurich, Illinois, and carries a wider consumer and office brand roster that includes AT-A-GLANCE, Mead, Swingline, and Leitz. Trust lands in the faster-growing segment of that portfolio.
What to watch
President and CEO Tom Tedford described the acquisition as a continuation of a deliberate shift toward higher-growth categories, pointing to the recent EPOS deal as the comparable prior move. Trust CEO Jeroen Hoogland cited ACCO Brands' global scale, supply chain, and channel relationships as the draw.
The close requires competition authority approvals and customary conditions. ACCO Brands has targeted late Q3 or early Q4. Once the deal closes, the 18-month cost-savings timeline becomes the first hard checkpoint.
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Filed by the newsroom of MarketPR on August 14, 2026. Source: sec.gov. Indicative figures are not investment advice.