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  6. ASSA ABLOY Acquires IDP

M&A Deal Summary

ASSA ABLOY Acquires IDP

On November 24, 2025, ASSA ABLOY acquired building materials company IDP

Acquisition Highlights
  • This is ASSA ABLOY’s 60th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 42nd transaction in the United States.
  • This is ASSA ABLOY’s 1st transaction in Michigan.

M&A Deal Summary
Date 2025-11-24
Target IDP
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

IDP

Southfield, Michigan, United States
IDP manufactures pre-finished steel door frames, including fixed and adjustable frames, as well as kerfed and non-kerfed options, and sidelite/borrowed-lite assemblies for commercial construction markets such as high-rise buildings, assisted living facilities, hotels, offices, medical facilities, schools, and government buildings. IDP was founded in 1977 and is based in Southfield, Michigan.

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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 146 of 146
Sector: Building Materials M&A 60 of 60
Type: Add-on Acquisition M&A Deals 141 of 141
State: Michigan M&A 1 of 1
Country: United States M&A 42 of 42
Year: 2025 M&A 16 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-27 MPI Custom Steel Doors & Frames

Corbin, Kentucky, United States

MPI Custom Steel Doors & Frames manufactures standard and custom steel doors and frames for commercial and institutional buildings, including specialized solutions such as windstorm, sound-rated (STC), thermal, lead-lined and bullet-resistant doors. The Company was founded in 1980 and is headquartered in Corbin, Kentucky.

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