Assa Abloy To Acquire Hardware And Home Improvement ("Hhi") Division Of Spectrum Brands
09/09/21, 12:00 AM
Location
Industry
manufacturing
information technology
ASSA ABLOY has signed a definitive agreement to acquire the Hardware and Home Improvement ("HHI") division of Spectrum Brands (NYSE:SPB) for a purchase price of MUSD 4,300 on a cash and debt free basis.
Company Info
Location
Stockholm, Stockholms län, Sweden
Company info
The ASSA ABLOY Group is the global leader in access solutions. The Group operates worldwide with 48,000 employees and sales of SEK 88 billion. The Group has leading positions in areas such as efficient door openings, trusted identities and entrance automation. ASSA ABLOY's innovations enable safe, secure and convenient access to physical and digital places. Every day, we help billions of people experience a more open world.This information was brought to you by Cision http://news.cision.com
https://news.cision.com/assa-abloy/r/assa-abloy-to-acquire-hardware-and-home-improvement--hhi--division-of-spectrum-brands,c3412118
The following files are available for download:
https://mb.cision.com/Main/7333/3412118/1465954.pdf
Press release (PDF)
SOURCE ASSA ABLOY