M&A Deal Summary

ASSA ABLOY Acquires HID Global

On July 3, 2007, ASSA ABLOY acquired safety/security company HID Global

Acquisition Highlights
  • This is ASSA ABLOY’s 2nd transaction in the Safety/Security sector.
  • This is ASSA ABLOY’s 4th transaction in the United States.
  • This is ASSA ABLOY’s 1st transaction in Texas.

M&A Deal Summary
Date 2007-07-03
Target HID Global
Sector Safety/Security
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

HID Global

Austin, Texas, United States
website
HID Global Corporation provides secure identity solutions.

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Buyer(S) 1

Buyer

ASSA ABLOY

Stockholm, Sweden

website

Category Company
Founded 1954
Sector Manufacturing
Employees50,727
Revenue 87.6B SEK (2020)
DESCRIPTION

The Assa Abloy Group is a Swedish lock manufacturer, and is the world's largest lock manufacturer by sales volume. ASSA ABLOY was founded in 1954 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 15 of 121
Sector (Safety/Security) 2 of 18
Type (Add-on Acquisition) 14 of 117
State (Texas) 1 of 6
Country (United States) 4 of 32
Year (2007) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-03 Aontec Teoranta

Baile na hAbhann, Ireland

Aontec Teoranta is a designing, manufacturing and supplying RFID inlays for secure electronic documents such as passports and national ID cards.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-09 BAODEAN Security Products

Taizhou, China

BAODEAN Security Products Co., Ltd. is a manufactures and distributes anti-theft door locks and cylinders mainly for the Chinese market.

Buy -
Mergr

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