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  5. ASSA ABLOY Acquires Teamware

M&A Deal Summary

ASSA ABLOY Acquires Teamware

On April 28, 2015, ASSA ABLOY acquired building materials company Teamware

Acquisition Highlights
  • This is ASSA ABLOY’s 37th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 1st transaction in Malaysia.

M&A Deal Summary
Date 2015-04-28
Target Teamware
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Teamware

Kuala Lumpur, Malaysia
Teamware is a provider in locks and hardware.

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Buyer(S) 1

Buyer

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 60 of 140
Sector: Building Materials M&A 37 of 57
Type: Add-on Acquisition M&A Deals 57 of 135
Country: Malaysia M&A 1 of 1
Year: 2015 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-25 MSL Schloss und Beschlägefabrik AG

Kleinlutzel, Switzerland

MSL Schloss und Beschlägefabrik AG is a provider of innovative locks.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-11 L-DOOR Group

Liedekerke, Belgium

L-DOOR Group is a providers in supplying sectional doors for residential and industrial.

Buy -
Mergr

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