M&A Deal Summary

ASSA ABLOY Acquires Gallery Specialty Hardware

On September 7, 2023, ASSA ABLOY acquired building materials company Gallery Specialty Hardware

Acquisition Highlights
  • This is ASSA ABLOY’s 53rd transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 6th transaction in Canada.
  • This is ASSA ABLOY’s 4th transaction in Ontario.

M&A Deal Summary

Date 2023-09-07
Target Gallery Specialty Hardware
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Gallery Specialty Hardware

Toronto, Ontario, Canada
Gallery Specialty Hardware is a provider of commercial hinges, locksets, exit devices and door hardware accessories. Gallery Specialty Hardware was founded in 1989 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

ASSA ABLOY

Stockholm, Sweden

Category Company
Founded 1954
Sector Manufacturing
Employees64,460
Revenue 150.2B SEK (2024)
DESCRIPTION

ASSA ABLOY is a provider of access solutions. Every day, help people feel safe, secure, and experience a more open world. ASSA ABLOY was founded in 1954 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 113 of 147
Sector: Building Materials M&A 53 of 60
Type: Add-on Acquisition M&A Deals 109 of 142
State: Ontario M&A 4 of 6
Country: Canada M&A 6 of 9
Year: 2023 M&A 5 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-07 Lawrence Hardware

Toronto, Ontario, Canada

Lawrence Hardware is a provider of commercial hinges, locksets, exit devices and door hardware accessories. Lawrence Hardware was founded in 1876 and is based in Toronto, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-21 Forte

Peru

Forte is a residential door locks and padlocks manufacturer.

Buy -