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  5. ASSA ABLOY Acquires Ditec

M&A Deal Summary

ASSA ABLOY Acquires Ditec

On July 29, 2009, ASSA ABLOY acquired building materials company Ditec

Acquisition Highlights
  • This is ASSA ABLOY’s 12th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 3rd transaction in Italy.

M&A Deal Summary
Date 2009-07-29
Target Ditec
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Ditec

Caronno Pertusella, Italy
Ditec is a provider in entrance automation products for pedestrian, sectional, high speed doors and gates.

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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 24 of 146
Sector: Building Materials M&A 12 of 60
Type: Add-on Acquisition M&A Deals 23 of 141
Country: Italy M&A 3 of 5
Year: 2009 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-16 ShenFei Group Co.

Shanghai, China

ShenFei Group Co. Ltd. is a manufacturer of door closers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-28 Pan Pan Door Co.

Yingkou, China

Pan Pan Door Co. Ltd. is a high security steel door manufacturer.

Buy -
Mergr

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