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Previously controlled by Swedish conglomerate ASSA ABLOY since 1999, [9] Emtek and its sister brand, Schaub hardware, were acquired in 2023 by Fortune Brands Innovations. [10] With that, the Deerfield, Illinois -based home and security products maker now manages the brands as part of a portfolio already comprising Moen , the House of Rohl ...
Assa Abloy AB on Friday said it was working to sell its Emtek and smart residential business in the United States to resolve U.S. antitrust issues that are holding up a planned acquisition. The U ...
Fortune Brands (FBHS) reaches an $800 million deal with Assa Abloy to acquire its Emtek and Yale businesses. The deal is contingent upon the closing of Spectrum Brands' sale of HHI to Assa Abloy.
Stockholm-listed Assa Abloy, the world's leading lockmaker with a market value of 231.56 billion Swedish crown ($20.79 billion), is working with an advisor to find a buyer for the brands, the ...
Assa Abloy was founded at the merger of the two companies Assa and Abloy in 1994. Assa stands for August Stenman Stenman August. [7] [8] The name Abloy comes from a contraction of the Swedish Finnish bilingual name Ab Låsfabriken Lukkotehdas Oy, meaning literally Corp. Lock Factory Lock Factory Corp. (first Corp. and Låsfabriken from Swedish, last Lukkotehdas and Corp. from Finnish).
On October 19, 2017, Swedish lock manufacturer Assa Abloy announced an acquisition of August Home. [1] The deal closed in December 2017. [2] As of July 2018, August Home had sold over one million smart locks and cameras. [3]
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