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M&A Deal Summary

ASSA ABLOY Acquires Portsystem 2000 AB

On November 13, 2009, ASSA ABLOY acquired building materials company Portsystem 2000 AB

Acquisition Highlights
  • This is ASSA ABLOY’s 13th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 3rd transaction in Sweden.

M&A Deal Summary
Date 2009-11-13
Target Portsystem 2000 AB
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Portsystem 2000 AB

Jonkoping, Sweden
Portsystem 2000 AB is a specialized in end-user applications of industrial doors and docking systems.

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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 26 of 136
Sector (Building Materials) 13 of 57
Type (Add-on Acquisition) 25 of 131
Country (Sweden) 3 of 6
Year (2009) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-28 Pan Pan Door

Yingkou, China

Pan Pan Door Co. Ltd. is a high security steel door manufacturer.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-23 Hunter Automatics

Toronto, Ontario, Canada

Hunter Automatics is a designs and manufactures industrial doors.

Buy -
Mergr

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