Mergers & Acquisitions ·
ACCO Brands Corporation announced on August 14, 2026, that it has entered into a definitive agreement to acquire GXT…
ACCOACCO BRANDS Corp
ACCO Brands Corporation announced on August 14, 2026, that it has entered into a definitive agreement to acquire GXT Holding B.V. (Trust), a pan-European provider of computer and gaming accessories, for approximately $57 million. The transaction is financed through borrowings under ACCO Brands’ revolving credit facility and is expected to close in the late third or early fourth quarter 2026, subject to customary conditions including regulatory approvals. Trust generates approximately $100 million in annual revenue and is expected to be modestly accretive to adjusted EPS within the first 12 months. ACCO Brands anticipates realizing cost synergies of $5 to $8 million within 18 months post-closing, accelerating its strategic pivot toward higher-growth technology peripherals categories which will approach $500 million in pro forma annual sales. ACCO Brands Corporation is a global leader in branded office and learning products and technology accessories.