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  5. ASSA ABLOY Acquires ShenFei Group Co.

M&A Deal Summary

ASSA ABLOY Acquires ShenFei Group Co.

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

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

M&A Deal Summary
Date 2008-10-16
Target ShenFei Group Co.
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

ShenFei Group Co.

Shanghai, China
ShenFei Group Co. Ltd. is a manufacturer of door closers.

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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 23 of 147
Sector: Building Materials M&A 11 of 60
Type: Add-on Acquisition M&A Deals 22 of 142
Country: China M&A 3 of 11
Year: 2008 M&A 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 -
Mergr

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