M&A Deal Summary

ASSA ABLOY Acquires Shree Mahavir Metalcraft Pvt.

On August 2, 2017, ASSA ABLOY acquired building materials company Shree Mahavir Metalcraft Pvt.

Acquisition Highlights
  • This is ASSA ABLOY’s 44th transaction in the Building Materials sector.
  • This is ASSA ABLOY’s 1st transaction in India.

M&A Deal Summary

Date 2017-08-02
Target Shree Mahavir Metalcraft Pvt.
Sector Building Materials
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Shree Mahavir Metalcraft Pvt.

Jamnagar, India
Shree Mahavir Metalcraft Pvt. Ltd. is a OEM manufacturer of architectural hardware. Shree Mahavir Metalcraft is based in Jamnagar, India.

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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 77 of 146
Sector: Building Materials M&A 44 of 60
Type: Add-on Acquisition M&A Deals 74 of 141
Country: India M&A 1 of 1
Year: 2017 M&A 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-04 Arjo Systems SAS

Levallois-Perret, France

Arjo Systems SAS is a provider of physical and digital identity solutions for secure government ID applications. Arjo Systems SAS was founded in 2011 and is based in Levallois-Perret, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-19 August Home

San Francisco, California, United States

August Home is a developer and producer of smart locks. August Home was established in 2013 and is headquartered in San Francisco, California.

Buy -