M&A Deal Summary

ASSA ABLOY Acquires Jerith Manufacturing

On April 18, 2017, ASSA ABLOY acquired metals/mining company Jerith Manufacturing

Acquisition Highlights
  • This is ASSA ABLOY’s 7th transaction in the Metals/Mining sector.
  • This is ASSA ABLOY’s 16th transaction in the United States.
  • This is ASSA ABLOY’s 3rd transaction in Pennsylvania.

M&A Deal Summary
Date 2017-04-18
Target Jerith Manufacturing
Sector Metals/Mining
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Jerith Manufacturing

Philadelphia, Pennsylvania, United States
Jerith Manufacturing Co., Inc. is a manufacturer of aluminum fencing for residential, commercial and industrial applications in the US. Jerith Manufacturing Co., Inc. was established in 1961 and is headquartered in Philadelphia, Pennsylvania.

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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 73 of 127
Sector (Metals/Mining) 7 of 7
Type (Add-on Acquisition) 70 of 122
State (Pennsylvania) 3 of 3
Country (United States) 16 of 34
Year (2017) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-02 LOB S.A.

Leszno, Poland

LOB S.A. is a manufacturer of construction fittings – rim locks, mortice locks, door lock cylinders, cylinder padlocks and Master Key systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-29 Inhep Electronics Holdings

Durban, South Africa

Inhep Electronics Holdings (Pty) Ltd. (INHEP Digital Security) is a manufacturer and distributor of electronic security solutions. Inhep Electronics Holdings (Pty) Ltd. was established in 1985 and is headquartered in Durban, South Africa.

Buy -
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