Trust acquired by ACCO Brands

By acquiring full ownership of Trust, ACCO Brands secures a consumer electronics platform generating an annual revenue of $100M while accelerating its strategic pivot toward the higher-growth technology peripherals category. The deal orchestrates the complete exit of the pan-European investment company Egeria, which had backed the Dutch hardware manufacturer since 2018. To finance this acquisition, ACCO Brands utilizes existing corporate liquidity drawn directly from its active revolving credit facility, specifically structuring the debt mechanism to maintain limited impact on its pro forma leverage profile. Strategically, integrating Trust deeply complements ACCO Brands' established Kensington, PowerA, and EPOS portfolios, pushing the American parent company's pro forma annual sales in the technology peripherals division to approximately $500 million. Furthermore, the financial integration model projects the realization of $5 million to $8 million in operational cost synergies within the first 18 months following the close, while immediately acting as a modestly accretive catalyst to adjusted earnings per share (EPS) during the initial 12-month period. Throughout the targeted international sale process, the exiting financial sponsor Egeria relied exclusively on DC Advisory to act as the sell-side financial advisor. Specifically, the deal execution was steered by Daan van Egmond representing Egeria, alongside Robert Ruiter, Co-CEO of DC Advisory Benelux, who orchestrated the pre-marketing campaign, structured dedicated synergy workshops, and managed direct buyer engagement. Subject strictly to customary closing conditions and required competition authority approvals across European jurisdictions, the final equity transfer is scheduled for completion in September 2026. By executing this divestment, Egeria successfully monetizes its initial equity deployment after supporting the asset-light manufacturer through a targeted phase of international market expansion.