Add-on Acquisition • Building Materials

ASSA ABLOY Acquires Pemko Manufacturing Co.

On February 1, 2007, ASSA ABLOY acquired building materials company Pemko Manufacturing Co.

Acquisition Context
  • This is ASSA ABLOY’s 7th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 3rd transaction in the United States.
  • This is ASSA ABLOY’s 1st transaction in California.

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M&A Deal Summary

Date February 1, 2007
Target Pemko Manufacturing Co.
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target Company

Pemko Manufacturing Co.

Ventura, California, United States
Pemko Manufacturing Co., Inc. is a designs and manufactures door components for sealing doors.
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Buyer Overview 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 Context for Buyer #
Overall 13 of 147
Sector: Building Materials 7 of 60
Type: Add-on Acquisition 12 of 142
State: California 1 of 9
Country: United States 3 of 43
Year: 2007 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-15 Pyropanel Developments Pty.

Lilydale, Australia

Pyropanel Developments Pty. Ltd. is a producer of specialized doors and fire-rated products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-03 Aontec Teoranta

Baile na hAbhann, Ireland

Aontec Teoranta is a designing, manufacturing and supplying RFID inlays for secure electronic documents such as passports and national ID cards.

Buy -