Add-on Acquisition • Building Materials

ASSA ABLOY Acquires Digi Electronic Lock Co.

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

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

Explore All 1694 Add-on Acquisition Building Materials Deals - Search the Database Free


M&A Deal Summary

Date December 11, 2014
Target Digi Electronic Lock Co.
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target Company

Digi Electronic Lock Co.

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

Browse All 215,156 Deals

FILTER BY

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

Search Free

Buyer Overview 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 Context for Buyer #
Overall 58 of 147
Sector: Building Materials 36 of 60
Type: Add-on Acquisition 55 of 142
Country: China 11 of 11
Year: 2014 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 -