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M&A Deal Summary

Spectrum Brands Acquires Tong Lung Metal - Residential Lockset Business

On April 8, 2013, Spectrum Brands acquired building materials company Tong Lung Metal - Residential Lockset Business from Tong Lung Metal Industry Co.

Acquisition Highlights
  • This is Spectrum Brands’ 1st transaction in the Building Materials sector.
  • This is Spectrum Brands’ 1st transaction in Taiwan.

M&A Deal Summary
Date 2013-04-08
Target Tong Lung Metal - Residential Lockset Business
Sector Building Materials
Buyer(s) Spectrum Brands
Sellers(s) Tong Lung Metal Industry Co.
Deal Type Divestiture

Target

Tong Lung Metal - Residential Lockset Business

Taiwan
Tong Lung Metal - Residential Lockset Business engages in the manufacture and sale of door locksets worldwide. Its principal products include heavy duty commercial locks, light duty residential locks, handleset locks, electronic locks, and door closers.

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Buyer(S) 1

Buyer

Spectrum Brands

Middleton, Wisconsin, United States
Category Company
Founded 1906
Sector Consumer Products
Employees3,100
Revenue 3.0B USD (2024)
DESCRIPTION

Spectrum Brands is a diversified consumer products company and a supplier of consumer batteries, residential locksets, residential builders’ hardware and faucets, shaving and grooming products, personal care products, small household appliances, specialty pet supplies, lawn and garden, and home pest control products, and personal insect repellents. Spectrum Brands was founded in 1906 and is based in Middleton, Wisconsin.

DEAL STATS #
Overall 11 of 21
Sector: Building Materials M&A 1 of 2
Type: Divestiture M&A Deals 3 of 5
Country: Taiwan M&A 1 of 1
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-12 Shaser Bioscience

Woburn, Massachusetts, United States

Shaser Bioscience, Inc. is a global technological leader in developing FDA-cleared, energy-based aesthetic dermatology devices, partnering with leading global consumer brands to bring these technologies into consumers’ homes. Shaser’s goal is to be the dominant provider of aesthetic devices to the consumer market, by developing proprietary technologies with clinically-proven performance, extensive intellectual property, superior engineering and design, and a relentless commitment to innovation.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-07 Liquid Fence Co.

Blakeslee, Pennsylvania, United States

Liquid Fence Co., Inc. manufactures and distributes natural animal repellents and natural growth accelerators.

Buy -

Seller(S) 1

SELLER

Tong Lung Metal Industry Co.

Chia-Yi, Taiwan
Category Company
Sector Building Materials
DESCRIPTION

Tong Lung Metal Industry Co. Ltd. is a Taiwanese manufacturer of residential and commercial locksets and related hardware.

DEAL STATS #
Overall 1 of 1
Sector: Building Materials M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Taiwan M&A 1 of 1
Year: 2013 M&A 1 of 1
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