Announced
Completed
Synopsis
ASSA ABLOY, a firm that develops, designs, and manufactures a complete range of door opening solutions, completed the acquisition of Sunray Engineering, a designer and manufacturer of steel security doors to protect commercial and industrial buildings. Financial terms were not disclosed. "I am very pleased to welcome Sunray Engineering into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in the mature markets adding to our comprehensive offering in the UK and EMEIA division as a whole," Nico Delvaux, ASSA ABLOY President and CEO.
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