Announced
Completed
Financials
Tags
door intercom
Germany
Majority
Security Equipment
Single Bidder
Acquisition
Completed
Friendly
Cross Border
Private
Synopsis
ASSA ABLOY, a Swedish conglomerate whose offerings include products and services related to locks, doors, gates, and entrance automation, completed the acquisition of Bird Home Automation, a German manufacturer of high-quality IP door intercom for single and multi-family buildings. Financial terms were not disclosed. "I look forward to welcoming DoorBird and their employees into the ASSA ABLOY Group. DoorBird is a strategic technological addition to the ASSA ABLOY Group and will reinforce our offering with IP door intercom and provide complementary growth opportunities," Nico Delvaux, ASSA ABLOY President and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.