ASSA ABLOY Acquires Ghost Controls

December 7, 2023

ASSA ABLOY has acquired Ghost Controls, a U.S.-based supplier of automated residential gate openers headquartered in Tallahassee, Florida. The small, high-margin business (approx. 40 employees; 2022 sales ~USD 30m) complements ASSA ABLOY's entrance automation and access solutions portfolio and is expected to be accretive to EPS from the start.

Buyers
ASSA ABLOY
Targets
Ghost Controls
Location
Florida, United States
Transaction Type
Buyout

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