M&A Deal Summary

ASSA ABLOY Acquires Interlock

On September 28, 2001, ASSA ABLOY acquired building materials company Interlock

Acquisition Highlights
  • This is ASSA ABLOY’s 3rd transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 1st transaction in New Zealand.

M&A Deal Summary

Date 2001-09-28
Target Interlock
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Interlock

New Zealand
Interlock is a manufacturer and distributor of window and door security hardware.

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Buyer(S) 1

Buyer

ASSA ABLOY

Stockholm, Sweden

Category Company
Founded 1954
Sector Manufacturing
Employees62,538
Revenue 140.7B SEK (2023)
DESCRIPTION

ASSA ABLOY is a Swedish lock manufacturer, and is the world's largest lock manufacturer by sales volume. ASSA ABLOY was founded in 1954 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 4 of 127
Sector (Building Materials) 3 of 55
Type (Add-on Acquisition) 4 of 122
Country (New Zealand) 1 of 3
Year (2001) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-08-01 Viro Locks Pty.

South Africa

Viro Locks Pty. Ltd. is a lock company. Viro Locks main product lines are padlocks, cylinders, mortise locks and cam locks.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-06-10 Metget AB

Ronneby, Sweden

Metget AB is a provider of Radio Frequency Identification (RFID) products and solutions. Metget's products are built utilizing highly efficient and automated production processes. Several different transponders, silicon chip, antenna design and packaging are available in both low and high frequency ranges including Contactless Smart Cards.

Buy -