M&A Deal Summary

ASSA ABLOY Acquires Pacific Door Systems

On December 20, 2018, ASSA ABLOY acquired building materials company Pacific Door Systems

Acquisition Highlights
  • This is ASSA ABLOY’s 45th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 3rd transaction in New Zealand.

M&A Deal Summary

Date 2018-12-20
Target Pacific Door Systems
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Pacific Door Systems

Lower Hutt, New Zealand
Pacific Door Systems Ltd. is a manufacturer of commercial doors & window systems. Pacific Doors specialises in the bespoke manufacture of high-performance door and window systems for fire, acoustic, security, hospital, ballistic and commercial purposes. Pacific Door Systems Ltd. was founded in 1992 and is based in Lower Hutt, New Zeland.

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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 84 of 146
Sector: Building Materials M&A 45 of 60
Type: Add-on Acquisition M&A Deals 81 of 141
Country: New Zealand M&A 3 of 3
Year: 2018 M&A 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-19 Luxer One

Sacramento, California, United States

Luxer One is a technology company specializing in secure delivery and picks up of goods. The company's smart package lockers and controlled access technology are used across industries, including residential, retail, office, and university. The Luxer One team started innovating 24/7 automated locker solutions in San Francisco in 2005, with the Luxer One brand launching in 2013. The company has performed over 17 million locker deliveries globally through its advanced technology platform. Luxer One was established in 2013 and has approximately 130 employees. The head office is located in Sacramento, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-14 KEYper Systems

Harrisburg, North Carolina, United States

KEYper Systems is a provider of electronic and mechanical key management systems in the US with a strong presence in the automotive segment. KEYper Systems was founded in 1993 and is based in Harrisburg, North Carolina.

Buy -