M&A Deal Summary

ASSA ABLOY Acquires LOB S.A.

On February 2, 2017, ASSA ABLOY acquired manufacturer LOB S.A.

Acquisition Highlights
  • This is ASSA ABLOY’s 1st transaction in the Manufacturing sector.
  • This is ASSA ABLOY’s 2nd transaction in Poland.

M&A Deal Summary

Date 2017-02-02
Target LOB S.A.
Sector Manufacturing
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

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.

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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 72 of 146
Sector: Manufacturing M&A 1 of 17
Type: Add-on Acquisition M&A Deals 69 of 141
Country: Poland M&A 2 of 4
Year: 2017 M&A 2 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-01 Southeastern Dock & Door

Greenville, South Carolina, United States

Southeastern Dock & Door LLC is an industrial and commercial door and docking solutions distributor in South Carolina. Southeastern Dock & Door also provide sales and installation of industrial doors such as rolling steel service and fire doors, and sectional steel doors as well.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-18 Jerith Manufacturing Co.

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.

Buy -