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Announced

ASSA ABLOY to acquire Mottura.

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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Cross Border

Friendly

Private

Majority

locks

Pending

Italy

Acquisition

Single Bidder

security equipment

Security Equipment

Synopsis

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ASSA ABLOY, an access solutions provider, agreed to acquire Mottura, an armored lock cases and security cylinders manufacturer. Financial terms were not disclosed. "We are committed to growing our presence in the Italian market and the acquisition of Mottura provides a great step in strengthening our position in the residential space. I look forward to welcoming Mottura and their employees into the ASSA ABLOY Group," Nico Delvaux, ASSA ABLOY President and CEO.

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