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M&A Deal Summary

ASSA ABLOY Acquires Gardesa

On June 9, 2008, ASSA ABLOY acquired building materials company Gardesa

Acquisition Highlights
  • This is ASSA ABLOY’s 8th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 1st transaction in Italy.

M&A Deal Summary
Date 2008-06-09
Target Gardesa
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Gardesa

Cortemaggiore, Italy
Gardesa S.p.A. is a manufacturer of high security steel doors. Gardesa manufactures armoured doors, including both standard and customized steel doors that can be tailored to the customer's needs thanks to a wide selection of panels, finishes and optional accessories.

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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 20 of 146
Sector: Building Materials M&A 8 of 60
Type: Add-on Acquisition M&A Deals 19 of 141
Country: Italy M&A 1 of 5
Year: 2008 M&A 3 of 6
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-25 Rockwood Manufacturing Co.

Rockwood, Pennsylvania, United States

Rockwood Manufacturing Co. is a producer of standard and custom decorative and speciality door hardware.

Buy -
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