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  5. ASSA ABLOY Acquires Portsystem 2000 AB

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
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 26 of 146
Sector: Building Materials M&A 13 of 60
Type: Add-on Acquisition M&A Deals 25 of 141
Country: Sweden M&A 3 of 6
Year: 2009 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-28 Pan Pan Door Co.

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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