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  5. ASSA ABLOY Acquires FlexiForce Group B.V.

M&A Deal Summary

ASSA ABLOY Acquires FlexiForce Group B.V.

On April 6, 2011, ASSA ABLOY acquired building materials company FlexiForce Group B.V.

Acquisition Highlights
  • This is ASSA ABLOY’s 18th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2011-04-06
Target FlexiForce Group B.V.
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

FlexiForce Group B.V.

Barneveld, Netherlands
FlexiForce Group B.V. is a provider in components for industrial sectional doors and residential garage doors. FlexiForce is specialized in manufacturing and distribution of components for overhead doors with a strong position in R&D, distribution and a solid customer base.

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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 34 of 147
Sector: Building Materials M&A 18 of 60
Type: Add-on Acquisition M&A Deals 33 of 142
Country: Netherlands M&A 1 of 3
Year: 2011 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-23 LaserCard

Mountain View, California, United States

LaserCard Corp. is a provider of secure ID solutions to governments and commercial clients around the world.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-10 Portafeu

Romilly-sur-Andelle, France

Portafeu is a provider in customized fire doors. Portafeu offers fire-rated flame-retardant, firebreak and blast-resistant doors for commercial and residential customers as well as for special closures.

Buy -
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