M&A Deal Summary

ASSA ABLOY Acquires Shandong Guoqiang Hardware Products Group Co.

On May 30, 2012, ASSA ABLOY acquired building materials company Shandong Guoqiang Hardware Products Group Co.

Acquisition Highlights
  • This is ASSA ABLOY’s 27th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 6th transaction in China.

M&A Deal Summary

Date 2012-05-30
Target Shandong Guoqiang Hardware Products Group Co.
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Shandong Guoqiang Hardware Products Group Co.

Leling City, China
Shandong Guoqiang Hardware Products Group Co.,Ltd. is a full range of window hardware 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 45 of 147
Sector: Building Materials M&A 27 of 60
Type: Add-on Acquisition M&A Deals 43 of 142
Country: China M&A 6 of 11
Year: 2012 M&A 8 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-11 Helton Industries

Abbotsford, British Columbia, Canada

Helton Industries Ltd. is a manufacturer of hardware for sectional doors for residential and industrial customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-27 4Front Engineered Solutions

Carrollton, Texas, United States

4Front Engineered Solutions is a manufacturer of a complete line of loading dock equipment for a premier list of global customers. Its products consist of mechanical, air-powered and hydraulic dock levelers, seals and shelters, trailer safety restraints, specialty dock doors, material handling lifts, and aftermarket parts and accessories.

Buy -