Sweden-based access solutions group Assa Abloy has acquired Caldwell, a manufacturer of fenestration hardware for window manufacturer, the group said.
Caldwell was established in 1888 and has some 800 employees. Sales for 2021 amounted to about SEK 1,000m.
The acquisition will be accretive to EPS from the start, Assa Abloy said.
The Assa Abloy Group is a leader in access solutions. The group operates worldwide with 51,000 employees and sales of SEK 95bn.
The group has positions in areas such as efficient door openings, trusted identities and entrance automation.
OneWater Marine Closes USD 125m Acquisition of Marine Industry Supplier Ocean Bio-Chem
MTY Food Group to Acquire Restaurant Operator BBQ Holdings for USD 200m
Devon Energy to Acquire Eagle Ford Operator Validus Energy
Eagle Pharmaceuticals Takes Equity Stake in Enalare Therapeutics
Energy Services of America Business Acquires Assets from Ryan Environmental
ODL Acquires Canadian Insulated Glass Maker Robover
Anchor Peabody Represents Foxworth-Galbraith in Acquisition by USLBM Holdings
Coca-Cola HBC to Acquire Three Cents Beverage Mixer Line
Supreme Acquires Assets of Vaping Maker Cuts Ice and E-Liquids Developer Flavour Core
NinjaCat Acquires Budget Management Software Suite Shape.io
Wagepoint Acquires HR Software Firm KinHR
Curaleaf to Acquire Majority Stake in Germany´s Four 20 Pharma
Threecolts Acquires Amazon Seller Email and Review Automation Tool FeedbackWhiz
Earthstone Energy Closes USD 627m Acquisition of New Mexico Assets of Titus