ASSA ABLOY Acquires Integrated Warehouse Solutions (IWS)
January 23, 2024
ASSA ABLOY has acquired Integrated Warehouse Solutions (IWS), a Burleson, Texas-based manufacturer of loading dock equipment with about 550 employees and 2022 sales of approximately $170 million. The acquisition expands ASSA ABLOY's Entrance Systems product offering and is expected to be accretive to EPS from the start.
- Buyers
- ASSA ABLOY
- Targets
- Integrated Warehouse Solutions
- Sellers
- Wincove Private Holdings
- Industry
- Manufacturing
- Location
- Texas, United States
- Transaction Type
- Buyout
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