M&A Deal Summary

ASSA ABLOY Acquires METALIND d.o.o.

On November 22, 2011, ASSA ABLOY acquired building materials company METALIND d.o.o.

Acquisition Highlights
  • This is ASSA ABLOY’s 20th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 1st transaction in Croatia.

M&A Deal Summary

Date 2011-11-22
Target METALIND d.o.o.
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

METALIND d.o.o.

Bjelovar, Croatia
METALIND d.o.o. is a provider for fire-rated, flame-retardant and firebreak doors for commercial applications and special closures.

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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 37 of 147
Sector: Building Materials M&A 20 of 60
Type: Add-on Acquisition M&A Deals 36 of 142
Country: Croatia M&A 1 of 1
Year: 2011 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-06 Angel Metal Co.

Daegu, South Korea

Angel Metal Co., Ltd. is a provider of locks and hardware products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-01 Securistyle

Cheltenham, United Kingdom

Securistyle Ltd. is a manufacturer of architectural hardware products which include hinges, locking mechanisms and handles for use on windows, doors and conservatories. The business supplied its products to the public sector, housing trusts, resellers and direct to other manufacturers. Securistyle dominated the specifier market in the UK and during the investment holding period Securistyle saw significant growth in both China and the Middle East.

Buy -