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  5. ASSA ABLOY Acquires Digi Electronic Lock Co.

M&A Deal Summary

ASSA ABLOY Acquires Digi Electronic Lock Co.

On December 11, 2014, ASSA ABLOY acquired building materials company Digi Electronic Lock Co.

Acquisition Highlights
  • This is ASSA ABLOY’s 36th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 11th transaction in China.

M&A Deal Summary
Date 2014-12-11
Target Digi Electronic Lock Co.
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Digi Electronic Lock Co.

Guangzhou, China
Digi Electronic Lock Co., Ltd. is a digital door lock manufacturer.

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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 58 of 147
Sector: Building Materials M&A 36 of 60
Type: Add-on Acquisition M&A Deals 55 of 142
Country: China M&A 11 of 11
Year: 2014 M&A 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-01 ODIS Limitada

Santiago, Chile

ODIS Limitada is a supplier of locks, padlocks and steel doors.

Buy -
FOLLOWING 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 -
Mergr

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