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Announced

Completed

ASSA ABLOY completed the acquisition of Janam Technologies.

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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Private

Completed

Friendly

Cross Border

Acquisition

electronic devices

Majority

United States

Single Bidder

Electronic Components and Equipment

Synopsis

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ASSA ABLOY, an access solutions provider, completed the acquisition of Janam Technologies, a provider of handheld mobile computers and readers. Financial terms were not disclosed. "I am very pleased to welcome Janam into the ASSA ABLOY Group. Janam is a strategic technological addition to the ASSA ABLOY Group and reinforces our current RFID offering and provides complementary growth opportunities," Nico Delvaux, ASSA ABLOY President and CEO.

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