M&A Deal Summary

Alpha Acquires ASSA ABLOY- Car Lock business

On March 3, 2016, Alpha acquired automotive company ASSA ABLOY- Car Lock business from ASSA ABLOY

Acquisition Highlights
  • This is Alpha’s 1st transaction in the Automotive sector.
  • This is Alpha’s 1st transaction in Czech Republic.

M&A Deal Summary

Date 2016-03-03
Target ASSA ABLOY- Car Lock business
Sector Automotive
Buyer(s) Alpha
Sellers(s) ASSA ABLOY
Deal Type Divestiture

Target

ASSA ABLOY- Car Lock business

Tyniste, Czech Republic
ASSA ABLOY- Car Lock business is a provider of car locking systems for automotive industry.

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Buyer(S) 1

Buyer

Alpha

Yokohama, Japan

Category Company
Founded 1923
Sector Machinery
Employees4,304
Revenue 74.5B JPY (2024)
DESCRIPTION

Alpha the full-line lock and key manufacturer, aims to provide products to meet customers' needs through innovation and creativity with optimum quality. These key and keyless lock products will provide safety, comfort, and convenience for their users. Alpha was incorporated in 1923 and is based in Yokohama, Japan.


DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Divestiture) 1 of 1
Country (Czech Republic) 1 of 1
Year (2016) 1 of 1

Seller(S) 1

SELLER

ASSA ABLOY

Stockholm, Sweden

Category Company
Founded 1954
Sector Manufacturing
Employees62,538
Revenue 140.7B SEK (2023)
DESCRIPTION

ASSA ABLOY 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 2 of 5
Sector (Automotive) 1 of 1
Type (Divestiture) 2 of 5
Country (Czech Republic) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-29 Papaiz Udinese Metais Indústria E Comércio

Diadema, Brazil

Papaiz Udinese Metais Indústria E Comércio Ltda. is a manufacturer of hardware for sliding doors and windows.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-15 Lighthouse US

Charlotte, North Carolina, United States

Lighthouse US is a sectional door and docking distributor in North Carolina, South Carolina, and Tennessee. Lighthouse was established in 1994 and has some 150 employees. The company is headquartered in Charlotte, North Carolina.

Buy -