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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 said on Friday it will sell its Yale and Emtek lock brands, and U.S. and Canada residential businesses to Fortune Brands Home & Security in an $800 million all-cash deal, as it seeks ...
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 ...
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.
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 ...
On September 8, 2021, Assa Abloy announced that it had signed a definitive agreement to acquire Spectrum Brands' HHI division, including Kwikset, among other brands, for a purchase price of $4.3 billion. [3] [4] The transaction was initially expected to close in the fourth quarter of 2021.
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