Add-on Acquisition • Building Materials

ASSA ABLOY Acquires ShenFei Group Co.

On October 16, 2008, ASSA ABLOY acquired building materials company ShenFei Group Co.

Acquisition Context
  • This is ASSA ABLOY’s 11th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 3rd transaction in China.

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M&A Deal Summary

Date October 16, 2008
Target ShenFei Group Co.
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target Company

ShenFei Group Co.

Shanghai, China
ShenFei Group Co. Ltd. is a manufacturer of door closers.
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Buyer Overview 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 Context for Buyer #
Overall 23 of 147
Sector: Building Materials 11 of 60
Type: Add-on Acquisition 22 of 142
Country: China 3 of 11
Year: 2008 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-07 Valli&Valli

Renate, Italy

Valli&Valli S.p.A. is a manufacturer of design handles.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-29 Ditec

Caronno Pertusella, Italy

Ditec is a provider in entrance automation products for pedestrian, sectional, high speed doors and gates.

Buy -