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New Deal


Announced

Assa Abloy to acquire Control iD.

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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Single Bidder

access control

Pending

Acquisition

Majority

Private

Friendly

Electronic Equipment: Other

Cross Border

Brazil

Synopsis

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Assa Abloy, a Swedish conglomerate, agreed to acquire Control iD, a developer of hardware and software solutions for access control and time & attendance. Financial terms were not disclosed. "I look forward to welcoming Control iD and their employees into the ASSA ABLOY Group. Control iD is a strategic technological addition; reinforcing our current access control and biometrics offerings, providing complementary growth opportunities, and enabling us to grow our market leadership in emerging markets," Nico Delvaux, Assa Abloy President and CEO.

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