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  5. ASSA ABLOY Acquires Metget AB

M&A Deal Summary

ASSA ABLOY Acquires Metget AB

On June 10, 2003, ASSA ABLOY acquired semiconductors company Metget AB

Acquisition Highlights
  • This is ASSA ABLOY’s 1st transaction in the Semiconductors sector.
  • This is ASSA ABLOY’s 1st transaction in Sweden.

M&A Deal Summary
Date 2003-06-10
Target Metget AB
Sector Semiconductors
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Metget AB

Ronneby, Sweden
Metget AB is a provider of Radio Frequency Identification (RFID) products and solutions. Metget's products are built utilizing highly efficient and automated production processes. Several different transponders, silicon chip, antenna design and packaging are available in both low and high frequency ranges including Contactless Smart Cards.

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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 5 of 147
Sector: Semiconductors M&A 1 of 2
Type: Add-on Acquisition M&A Deals 5 of 142
Country: Sweden M&A 1 of 6
Year: 2003 M&A 1 of 1
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New Zealand

Interlock is a manufacturer and distributor of window and door security hardware.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-04 Security Merchants Group

New Zealand

Security Merchants Group is a supplier of innovative and reliable security products.

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