Add-on Acquisition • Technology Hardware

ASSA ABLOY Acquires IXLA

On November 12, 2024, ASSA ABLOY acquired technology hardware company IXLA

Acquisition Context
  • This is ASSA ABLOY’s 9th transaction in the Technology Hardware sector.
  • This is ASSA ABLOY’s 5th transaction in Italy.

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M&A Deal Summary

Date November 12, 2024
Target IXLA
Sector Technology Hardware
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target Company

IXLA

Romano, Italy
IXLA is a manufacturer of advanced laser and color personalization systems for cards and passports. IXLA is based in Romano, Italy.
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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 126 of 147
Sector: Technology Hardware 9 of 11
Type: Add-on Acquisition 122 of 142
Country: Italy 5 of 5
Year: 2024 9 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-10 Level Lock

Redwood City, California, United States

Level Lock provides home automation and smart home control. Level Lock was formed in 2016 and is based in Redwood City, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-02 Premier Products

Monroe, Louisiana, United States

Premier Products is a manufacturer of hollow metal doors and frames for the commercial and multi-family construction industry. Premier Products was founded in 1964 and is based in Monroe, Louisiana.

Buy -