M&A Deal Summary

ASSA ABLOY Acquires Papaiz Udinese Metais Indústria E Comércio

On December 29, 2015, ASSA ABLOY acquired building materials company Papaiz Udinese Metais Indústria E Comércio

Acquisition Highlights
  • This is ASSA ABLOY’s 40th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 3rd transaction in Brazil.

M&A Deal Summary

Date 2015-12-29
Target Papaiz Udinese Metais Indústria E Comércio
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Papaiz Udinese Metais Indústria E Comércio

Diadema, Brazil
Papaiz Udinese Metais Indústria E Comércio Ltda. is a manufacturer of hardware for sliding doors and windows.

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Buyer(S) 1

Buyer

ASSA ABLOY

Stockholm, Sweden

Category Company
Founded 1954
Sector Manufacturing
Employees62,538
Revenue 140.7B SEK (2023)
DESCRIPTION

ASSA ABLOY is a Swedish lock manufacturer, and is the world's largest lock manufacturer by sales volume. ASSA ABLOY was founded in 1954 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 64 of 136
Sector (Building Materials) 40 of 57
Type (Add-on Acquisition) 61 of 131
Country (Brazil) 3 of 4
Year (2015) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-23 Prometal Meal Industries Factory

Dubai, United Arab Emirates

Prometal Meal Industries Factory LLC (Prometal Group) is a manufacturer of steel and wooden security doors.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-03 ASSA ABLOY- Car Lock business

Tyniste, Czech Republic

ASSA ABLOY- Car Lock business is a provider of car locking systems for automotive industry.

Sell -