M&A Deal Summary

ASSA ABLOY Acquires Swesafe AB

On November 2, 2010, ASSA ABLOY acquired safety/security company Swesafe AB

Acquisition Highlights
  • This is ASSA ABLOY’s 6th transaction in the Safety/Security sector.
  • This is ASSA ABLOY’s 4th transaction in Sweden.

M&A Deal Summary

Date 2010-11-02
Target Swesafe AB
Sector Safety/Security
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Swesafe AB

Vasteras, Sweden
Swesafe AB is a provider of locksmith and security services.

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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 31 of 147
Sector: Safety/Security M&A 6 of 25
Type: Add-on Acquisition M&A Deals 30 of 142
Country: Sweden M&A 4 of 6
Year: 2010 M&A 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-13 Security Metal Products

Culver City, California, United States

Security Metal Products Corp. is a manufacturer of standard and specialty high security custom hollow metal commercial doors and frames.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-20 Cardo AB

Malmo, Sweden

Cardo is a supplier of industrial doors and logistics systems, wastewater treatment systems, process equipment for the pulp and paper industry and garage doors.

Buy €1.2B