M&A Deal Summary

ASSA ABLOY Acquires Beijing Tianming Industrial Technology Co.

On March 18, 2008, ASSA ABLOY acquired safety/security company Beijing Tianming Industrial Technology Co.

Acquisition Highlights
  • This is ASSA ABLOY’s 5th transaction in the Safety/Security sector.
  • This is ASSA ABLOY’s 2nd transaction in China.

M&A Deal Summary

Date 2008-03-18
Target Beijing Tianming Industrial Technology Co.
Sector Safety/Security
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Beijing Tianming Industrial Technology Co.

Beijing, China
Beijing Tianming Industrial Technology Co., Ltd. is a provider of high-security fire-rated steel door companies.

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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 19 of 146
Sector: Safety/Security M&A 5 of 24
Type: Add-on Acquisition M&A Deals 18 of 141
Country: China M&A 2 of 11
Year: 2008 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-15 Copiax AB

Kungens Kurva, Sweden

Wholesaler of security products to locksmiths.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-09 Gardesa

Cortemaggiore, Italy

Gardesa S.p.A. is a manufacturer of high security steel doors. Gardesa manufactures armoured doors, including both standard and customized steel doors that can be tailored to the customer's needs thanks to a wide selection of panels, finishes and optional accessories.

Buy -