M&A Deal Summary

ASSA ABLOY Acquires Wallace Perimeter Security

On March 4, 2025, ASSA ABLOY acquired manufacturer Wallace Perimeter Security

Acquisition Highlights
  • This is ASSA ABLOY’s 15th transaction in the Manufacturing sector.
  • This is ASSA ABLOY’s 9th transaction in Canada.
  • This is ASSA ABLOY’s 1st transaction in Manitoba.

M&A Deal Summary

Date 2025-03-04
Target Wallace Perimeter Security
Sector Manufacturing
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Wallace Perimeter Security

Winnipeg, Manitoba, Canada
Wallace Perimeter Security is a manufacturer, distributor and installer of perimeter fencing, door and gate solutions for the commercial and residential markets. Wallace Perimeter Security is headquartered in Winnipeg, Manitoba.

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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 134 of 136
Sector (Manufacturing) 15 of 15
Type (Add-on Acquisition) 129 of 131
State (Manitoba) 1 of 1
Country (Canada) 9 of 9
Year (2025) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-24 InVue Security Products

Charlotte, North Carolina, United States

InVue Security Products is a provider of precision-engineered connected asset protection and access control solutions. InVue Security Products was founded in 1972 and is based in Charlotte, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-11 SAS

Doncaster, United Kingdom

SAS is an independent supplier of innovative aluminium windows, doors and curtain wall systems and thermally efficient fenestration systems into the commercial construction sector. SAS was formed in 1991 and is headquartered in Doncaster, England.

Buy -