M&A Deal Summary

ASSA ABLOY Acquires Copiax AB

On February 15, 2008, ASSA ABLOY acquired safety/security company Copiax AB from Verdane

Acquisition Highlights
  • This is ASSA ABLOY’s 4th transaction in the Safety/Security sector.
  • This is ASSA ABLOY’s 2nd transaction in Sweden.

M&A Deal Summary

Date 2008-02-15
Target Copiax AB
Sector Safety/Security
Buyer(s) ASSA ABLOY
Sellers(s) Verdane
Deal Type Add-on Acquisition

Target

Copiax AB

Kungens Kurva, Sweden
Wholesaler of security products to locksmiths.

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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 18 of 147
Sector: Safety/Security M&A 4 of 25
Type: Add-on Acquisition M&A Deals 17 of 142
Country: Sweden M&A 2 of 6
Year: 2008 M&A 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-03 Powershield Doors

Lisburn, United Kingdom

Powershield Doors Ltd. is a manufacturer of high security steel doors. Powershield Doors designs, manufactures and installs customised fire resistant, personnel access and high security steel doors. The doors are installed in commercial, industrial and public sector applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-18 Beijing Tianming Industrial Technology Co.

Beijing, China

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

Buy -

Seller(S) 1

SELLER

Verdane

Oslo, Norway

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1985
PE ASSETS 1.2B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Verdane is a Norwegian private investment focused on acquiring portfolios of investments. In addition to secondary investing, Verdane also invests in co-investment pools as well as makes direct investments in individual growth companies. Sectors of interest include consumer products/services, software, energy, technology, and communications. Verdane provides support to portfolio owners to reduce exposure to private equity risk, achieve liquidity and free owners from the burden of managing direct investments. The majority of Verdane's investments are growth stage, however, the Firm can invest at any stage of development. Verdane was formerly known as Four Seasons Venture AS and was established in 1985. Verdane is based in Oslo, with additional offices in Helsinki and Stockholm.


DEAL STATS #
Overall 9 of 48
Sector: Safety/Security M&A 1 of 1
Type: Add-on Acquisition M&A Deals 7 of 34
Country: Sweden M&A 4 of 18
Year: 2008 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-11 Aqua Gen AS

Trondheim, Norway

Supplier of genetic material to the world salmon farming industry.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-09 AppliedSensor

Reutlingen, Germany

AppliedSensor designs, manufactures and markets chemical gas sensor solutions for appliance, automotive, building technology, consumer and industrial applications. Established in 2000, AppliedSensor is a world-leading supplier of safety, energy efficiency and comfort solutions for global mass markets.

Buy -