M&A Deal Summary

ASSA ABLOY Acquires Premier Products

On December 2, 2024, ASSA ABLOY acquired building materials company Premier Products from Sargent and Greenleaf

Acquisition Highlights
  • This is ASSA ABLOY’s 55th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 34th transaction in the United States.
  • This is ASSA ABLOY’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2024-12-02
Target Premier Products
Sector Building Materials
Buyer(s) ASSA ABLOY
Sellers(s) Sargent and Greenleaf
Deal Type Divestiture

Target

Premier Products

Monroe, Louisiana, United States
Premier Products is a manufacturer of hollow metal doors and frames for the commercial and multi-family construction industry. Premier Products was founded in 1964 and is based in Monroe, Louisiana.

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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 126 of 127
Sector (Building Materials) 55 of 55
Type (Divestiture) 5 of 5
State (Louisiana) 1 of 1
Country (United States) 34 of 34
Year (2024) 10 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-12 IXLA

Romano, Italy

IXLA is a manufacturer of advanced laser and color personalization systems for cards and passports. IXLA is based in Romano, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-03 9Solutions

Oulu, Finland

9Solutions is a provider of an AI-powered real time locating healthcare solutions for critical communication and collaboration, with a focus on senior care. 9Solutions is based in Oulu, Finland.

Buy -

Seller(S) 1

SELLER

Sargent and Greenleaf

Nicholasville, Kentucky, United States
Category Company
Founded 1857
Sector Safety/Security
Employees120
DESCRIPTION

Sargent and Greenleaf designs and manufactures innovative, high-quality mechanical and electronic locks for safes, vaults, safe deposit boxes, and highly sensitive environments. Customers are varied across many segments including banking, cash transit, residential security, railroad/utilities and government security segments. S&G is a pioneer in the high-security industry, inventing several industry firsts, and has a leading innovation and digital platform that consistently brings new and improved products and features to the market. Sargent and Greenleaf was founded in 1857 and is based in Nicholasville, Kentucky.

DEAL STATS #
Overall 1 of 1
Sector (Building Materials) 1 of 1
Type (Divestiture) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-06 Delaney

Cumming, Georgia, United States

Delaney is a designer, marketer, and distributor of residential and commercial locksets, as well as a variety of other bath related hardware. The Company sources product through Asian manufacturing relationships and markets under its own Delaney and Callan brand names. Delaney was founded in 1992 and is based in Cumming, Georgia.

Buy -
Mergr

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