M&A Deal Summary

ASSA ABLOY Acquires Security Merchants Group

On March 4, 2004, ASSA ABLOY acquired safety/security company Security Merchants Group

Acquisition Highlights
  • This is ASSA ABLOY’s 1st transaction in the Safety/Security sector.
  • This is ASSA ABLOY’s 2nd transaction in New Zealand.

M&A Deal Summary
Date 2004-03-04
Target Security Merchants Group
Sector Safety/Security
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Security Merchants Group

New Zealand
Security Merchants Group is a supplier of innovative and reliable security products.

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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 6 of 127
Sector (Safety/Security) 1 of 18
Type (Add-on Acquisition) 6 of 122
Country (New Zealand) 2 of 3
Year (2004) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-06-10 Metget AB

Ronneby, Sweden

Metget AB is a provider of Radio Frequency Identification (RFID) products and solutions. Metget's products are built utilizing highly efficient and automated production processes. Several different transponders, silicon chip, antenna design and packaging are available in both low and high frequency ranges including Contactless Smart Cards.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-13 Best Metaline

Seoul, South Korea

Best Metaline Co., Ltd. is a specialized in commercial architectural hardware, which includes products such as door locksets, door closers, hinges as well as automatic doors.

Buy -
Mergr

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