M&A Deal Summary

ASSA ABLOY Acquires Security Metal Products

On August 13, 2010, ASSA ABLOY acquired building materials company Security Metal Products

Acquisition Highlights
  • This is ASSA ABLOY’s 17th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 6th transaction in the United States.
  • This is ASSA ABLOY’s 2nd transaction in California.

M&A Deal Summary

Date 2010-08-13
Target Security Metal Products
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Security Metal Products

Culver City, California, United States
Security Metal Products Corp. is a manufacturer of standard and specialty high security custom hollow metal commercial doors and frames.

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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 30 of 146
Sector: Building Materials M&A 17 of 60
Type: Add-on Acquisition M&A Deals 29 of 141
State: California M&A 2 of 9
Country: United States M&A 6 of 42
Year: 2010 M&A 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-03 Paddock Holdings

Walsall, United Kingdom

Paddock Holdings Ltd. is a provider of products for the uPVC, timber and composite door market. It focuses on three core segments: social housing, new build, and household maintenance and improvements.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-02 Swesafe AB

Vasteras, Sweden

Swesafe AB is a provider of locksmith and security services.

Buy -