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  5. ASSA ABLOY Acquires Pyropanel Developments Pty.

M&A Deal Summary

ASSA ABLOY Acquires Pyropanel Developments Pty.

On January 15, 2007, ASSA ABLOY acquired building materials company Pyropanel Developments Pty.

Acquisition Highlights
  • This is ASSA ABLOY’s 6th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 2nd transaction in Australia.

M&A Deal Summary
Date 2007-01-15
Target Pyropanel Developments Pty.
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Pyropanel Developments Pty.

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

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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 12 of 147
Sector: Building Materials M&A 6 of 60
Type: Add-on Acquisition M&A Deals 11 of 142
Country: Australia M&A 2 of 5
Year: 2007 M&A 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-16 Schwab & Partner

Kematen, United States

Schwab & Partner GmbH is a card manufacturer. Schwab & Partner serves for loyalty, hotels, ski, public transportation, event ticketing and access control.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-01 Pemko Manufacturing Co.

Ventura, California, United States

Pemko Manufacturing Co., Inc. is a designs and manufactures door components for sealing doors.

Buy -
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