M&A Deal Summary

ASSA ABLOY Acquires IXLA

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

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

M&A Deal Summary
Date 2024-11-12
Target IXLA
Sector Technology Hardware
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

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(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 125 of 129
Sector (Technology Hardware) 9 of 9
Type (Add-on Acquisition) 121 of 124
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 -
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