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  5. ASSA ABLOY Acquires Turvaykköset Oy

M&A Deal Summary

ASSA ABLOY Acquires Turvaykköset Oy

On October 1, 2014, ASSA ABLOY acquired safety/security company Turvaykköset Oy

Acquisition Highlights
  • This is ASSA ABLOY’s 8th transaction in the Safety/Security sector.
  • This is ASSA ABLOY’s 1st transaction in Finland.

M&A Deal Summary
Date 2014-10-01
Target Turvaykköset Oy
Sector Safety/Security
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Turvaykköset Oy

Helsinki, Finland
Turvaykköset Oy is a national and competent lock and security chain. Our range of locking solutions, much more of your property to secure key management, access control, door automation, camera surveillance.

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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 54 of 147
Sector: Safety/Security M&A 8 of 25
Type: Add-on Acquisition M&A Deals 51 of 142
Country: Finland M&A 1 of 3
Year: 2014 M&A 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-12 Jiawei

Jinhua, China

Jiawei is a suppliers of security locks.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-21 Silvana

Campina Grande, Brazil

Silvana is a provider of all range of locks.

Buy -
Mergr

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