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Announced

ASSA ABLOY to acquire Arran Isle.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

door

Capital Goods

Cross Border

Majority

Ireland

United Kingdom

Pending

Private

Friendly

window

Synopsis

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ASSA ABLOY, a firm that develops, designs, and manufactures a complete range of door opening solutions, agreed to acquire Arran Isle, a designer, manufacturer and distributor of door and window hardware. Financial terms were not disclosed. "Arran Isle is an excellent addition to our business and in particular EMEIA's UK and Ireland market region. The acquisition brings well-known architectural and fenestration hardware brands to our portfolio. Arran Isle have built a reputation developing innovative products and a market leading approach to customer service with a passionate and experienced team," Neil Vann, ASSA ABLOY Executive Vice President and Head of EMEIA Division.

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