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New Deal


Announced

Completed

ASSA ABLOY completed the acquisition of Bird Home Automation.

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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door intercom

Germany

Majority

Security Equipment

Single Bidder

Acquisition

Completed

Friendly

Cross Border

Private

Synopsis

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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.

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