M&A Deal Summary

ASSA ABLOY Acquires Olimpia Hardware

On October 2, 2020, ASSA ABLOY acquired building materials company Olimpia Hardware

Acquisition Highlights
  • This is ASSA ABLOY’s 47th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 1st transaction in Costa Rica.

M&A Deal Summary

Date 2020-10-02
Target Olimpia Hardware
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Olimpia Hardware

San Jose, Costa Rica
Olimpia Hardware, Inc. is a manufacturer and distributor of fittings and accessories for tempered glass and aluminum windows. Olimpia Hardware is based in San Jose, Costa Rica.

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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 93 of 146
Sector: Building Materials M&A 47 of 60
Type: Add-on Acquisition M&A Deals 90 of 141
Country: Costa Rica M&A 1 of 1
Year: 2020 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-07 CEDES

Landquart, Switzerland

CEDES is a manufacturer of sensor technology for lifts and doors. Its products, which work with infrared and image processing technology, are used for the automation of lifts, escalators, and building entrances. Cedes was established in 1986 and is headquartered in Landquart, Switzerland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-21 Sure-Loc Hardware

Salt Lake City, Utah, United States

Sure-Loc Hardware is a provider of residential locks and associated hardware. Sure-Loc Hardware is based in Salt Lake City, Utah.

Buy -