Add-on Acquisition • Building Materials

ASSA ABLOY Acquires Huasheng

On October 14, 2013, ASSA ABLOY acquired building materials company Huasheng

Acquisition Context
  • This is ASSA ABLOY’s 29th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 8th transaction in China.

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M&A Deal Summary

Date October 14, 2013
Target Huasheng
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target Company

Huasheng

Yantai, China
Huasheng is a manufacturer of fire-rated and security doors.
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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 50 of 147
Sector: Building Materials 29 of 60
Type: Add-on Acquisition 47 of 142
Country: China 8 of 11
Year: 2013 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-14 Xinmao

Harbin, China

Xinmao is a fire-rated and security door manufacturer.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-07 Amarr Co.

Lawrence, Kansas, United States

Amarr Garage Doors is a manufacturer of security and fire doors.

Buy -