ACCO Brands closes ~$57M Trust peripherals buy to deepen European tech accessories

ACCO Brands completed its acquisition of Trust - the European PC and gaming peripherals brand held as GXT Holding B.V. - on October 2, 2026, according to a Form 8-K and company release, after an August filing valued the deal at approximately $57 million.

ACCO Brands said it completed its previously announced purchase of Trust - the Netherlands-based PC, gaming, smart-home, and mobile peripherals maker formally held as GXT Holding B.V. and its subsidiaries - on October 2, 2026, adding a European accessories brand to its Kensington, PowerA, and EPOS technology portfolio.

What closed October 2

ACCO Brands Corporation (NYSE: ACCO) reported in a Form 8-K that on October 2 it issued a press release announcing it had completed the acquisition of GXT Holding B.V., together with its subsidiaries, also known as Trust, a pan-European provider of computer and gaming accessories. The Exhibit 99.1 release is titled as the closing of the Trust acquisition and says the company successfully completed the previously announced deal. Trust designs and markets PC accessories, gaming, smart-home, and mobile peripherals sold through retailers, e-commerce platforms, and B2B channels across Europe and Latin America.

The October 2 closing filing does not restate purchase-price dollars. ACCO Brands' August 14, 2026 Form 8-K said the definitive agreement to acquire Trust was valued at approximately $57 million. That August 14 release said the deal would be financed with borrowings under the company's revolving credit facility.

What Trust adds

The August 14 announcement said Trust generates approximately $100 million in annual revenue, was founded in 1983 and is headquartered in the Netherlands, and was being acquired from Egeria, a pan-European investment firm. ACCO Brands said technology peripherals would approach $500 million in annual sales on a pro forma basis after the deal, and that Trust complements Kensington, PowerA, and EPOS. The company said it expected the acquisition to be modestly accretive to adjusted EPS in the first 12 months and to realize cost synergies of approximately $5 to $8 million within 18 months after closing - company expectations without a GAAP reconciliation for the accretion comment. President and CEO Tom Tedford framed the purchase as continuing a pivot toward higher-growth technology peripherals; Trust CEO Jeroen Hoogland said ACCO Brands' scale and channels would help reach more customers.

ACCO Brands' Form 8-K AccNo 0001193125-26-411235 (Item 7.01 and Exhibit 99.1) is the company disclosure for the October 2 close; AccNo 0001193125-26-350311 (Item 7.01 and Exhibit 99.1) is the August 14 source for the approximately $57 million valuation and related deal metrics.