M&A Deal Summary

ASSA ABLOY Acquires Angel Metal

On September 6, 2011, ASSA ABLOY acquired building materials company Angel Metal

Acquisition Highlights
  • This is ASSA ABLOY’s 19th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 3rd transaction in South Korea.

M&A Deal Summary
Date 2011-09-06
Target Angel Metal
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Angel Metal

Daegu, South Korea
Angel Metal Co., Ltd. is a provider of locks and hardware products.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 36 of 125
Sector (Building Materials) 19 of 54
Type (Add-on Acquisition) 35 of 121
Country (South Korea) 3 of 3
Year (2011) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-04 Lorentzen & Wettre

Kista, Sweden

Lorentzen & Wettre is a manufacture of equipment for quality control, process optimization and test instrumentation for the pulp and paper industry.

Sell kr750M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-22 METALIND d.o.o.

Bjelovar, Croatia

METALIND d.o.o. is a provider for fire-rated, flame-retardant and firebreak doors for commercial applications and special closures.

Buy -
Mergr

Product

Company

Legal