Announced
Completed
Synopsis
Trimco, a supplier of identity branding items, and Metal Manufacturing Industries, a steel frames and doors manufacturer, completed the acquisition of Mesker, a door manufacturer, from dormakaba, a security group. Financial terms were not disclosed. “This divestment will enable our Region Americas to focus on our core business. It is an important step for the turnaround of the Americas core business and thus for the implementation of our growth strategy. We are pleased that we have found new owners with the specialized expertise needed for the Mesker business to thrive," Jim-Heng Lee, dormakaba CEO.
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