M&A Deal Summary

ASSA ABLOY Acquires VHS

On September 1, 2022, ASSA ABLOY acquired manufacturer VHS

Acquisition Highlights
  • This is ASSA ABLOY’s 7th transaction in the Manufacturing sector.
  • This is ASSA ABLOY’s 1st transaction in Turkey.

M&A Deal Summary

Date 2022-09-01
Target VHS
Sector Manufacturing
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

VHS

Silivri, Turkey
VHS is a manufacturing of cylinders for locks, simple ventilation and locking accessories and hardware for PVC windows and doors. With the developments and growth in the windows and doors market, the company has also improved its production processes and expanded its product range continuously. As a solution provider for construction systems, VHS produces high performance hardware and accessories for PVC windows and doors, including tilt&turn systems, french casement systems, tilt&slide systems, locks, hinges, and handles. VHS was formed in 1997 and is based in Silivri, Turkey.

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Buyer(S) 1

Buyer

ASSA ABLOY

Stockholm, Sweden

Category Company
Founded 1954
Sector Manufacturing
Employees62,538
Revenue 140.7B SEK (2023)
DESCRIPTION

ASSA ABLOY is a Swedish lock manufacturer, and is the world's largest lock manufacturer by sales volume. ASSA ABLOY was founded in 1954 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 105 of 125
Sector (Manufacturing) 7 of 13
Type (Add-on Acquisition) 101 of 121
Country (Turkey) 1 of 1
Year (2022) 6 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-09 J Newton Enterprises

Inverness, Florida, United States

J Newton Enterprises is a pedestrian door distributor and service company. J Newton Enterprises was founded in 2003 and is based in Inverness, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-05 Control iD

Sao Paulo, Brazil

Control iD is a developer of hardware and software solutions for access control and time & attendance. Control iD was founded in 2006 and is based in Sao Paulo, Brazil.

Buy -