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  5. ASSA ABLOY Acquires Jiawei

M&A Deal Summary

ASSA ABLOY Acquires Jiawei

On September 12, 2014, ASSA ABLOY acquired building materials company Jiawei

Acquisition Highlights
  • This is ASSA ABLOY’s 32nd transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 10th transaction in China.

M&A Deal Summary
Date 2014-09-12
Target Jiawei
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Jiawei

Jinhua, China
Jiawei is a suppliers of security locks.

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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 53 of 147
Sector: Building Materials M&A 32 of 60
Type: Add-on Acquisition M&A Deals 50 of 142
Country: China M&A 10 of 11
Year: 2014 M&A 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-01 Harbin Xinmao Burglarproof Door Manufacturing Co.

Harbin, China

Harbin Xinmao Burglarproof Door Manufacturing Co., Ltd. is a manufacturer of fire related and security doors.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-01 Turvaykköset Oy

Helsinki, Finland

Turvaykköset Oy is a national and competent lock and security chain. Our range of locking solutions, much more of your property to secure key management, access control, door automation, camera surveillance.

Buy -
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