ASSA ABLOY Acquires Leone Fence (Canada)
December 5, 2023
ASSA ABLOY has acquired Leone Fence, a Canadian manufacturer, distributor and installer of fencing products, strengthening ASSA ABLOY's perimeter security offering in Canada. Leone Fence, founded in 1975 with about 60 employees and headquarters in Ontario, reported CAD 39 million in 2022 sales; the acquisition is expected to be accretive to ASSA ABLOY's EPS from the start.
- Buyers
- ASSA ABLOY
- Targets
- Leone Fence
- Industry
- Building Products
- Location
- Ontario, Canada
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
ASSA ABLOY Acquires Wallace & Wallace and Wallace Perimeter Security
March 4, 2025
Building Products
ASSA ABLOY has acquired Canadian manufacturer, distributor and installer Wallace & Wallace (also referred to as Wallace Perimeter Security), which makes perimeter fencing, doors and gate solutions for commercial and residential markets. The Winnipeg-based business (founded 1946) has about 160 employees and C$57 million in 2024 sales; ASSA ABLOY said the deal strengthens its Perimeter Security offering and presence in Central Canada.
-
ASSA ABLOY Acquires Lawrence Hardware and Gallery Specialty
September 7, 2023
Building Products
ASSA ABLOY has acquired Canadian commercial-hardware providers Lawrence Hardware and Gallery Specialty, adding complementary hinges, locksets, exit devices and door-hardware accessories to its product portfolio. The two Toronto-based businesses employ about 50 people combined and reported ~CAD 25 million in 2022 sales; ASSA ABLOY said the acquisition is accretive to EPS from the start.
-
ASSA ABLOY Acquires Wesko Locks Ltd.
June 25, 2024
Building Products
ASSA ABLOY Group has acquired Wesko Locks Ltd., a Mississauga-based Canadian manufacturer of electronic and specialty locks. The acquisition expands ASSA ABLOY's product portfolio in high-security and electronic locking solutions and strengthens its position in mature markets.
-
ASSA ABLOY Acquires Caldwell
June 22, 2022
Building Products
ASSA ABLOY has acquired Caldwell, a manufacturer of fenestration hardware for window manufacturers. Caldwell, founded in 1888 with about 800 employees and 2021 sales of roughly MSEK 1,000, will be integrated to expand ASSA ABLOY's product offering and strengthen its position with fenestration manufacturers in the Pacific & North East Asia division.
-
ASSA ABLOY Acquires Arran Isle Ltd
September 27, 2021
Building Products
ASSA ABLOY has signed a definitive agreement to acquire Arran Isle Ltd, a UK-based designer, manufacturer and distributor of door and window hardware. The acquisition (subject to regulatory approval) expands ASSA ABLOY's product portfolio with complementary architectural and fenestration hardware and strengthens its UK & Ireland market position; Arran Isle has ~560 employees and reported ~£100m sales in 2020.
-
ASSA ABLOY Acquires Premier Steel Doors and Frames
December 2, 2024
Building Products
ASSA ABLOY has acquired Premier Steel Doors and Frames, a Monroe, Louisiana-based manufacturer of hollow metal doors and frames, metal building door systems, and aluminium windows. Premier has about 90 employees and reported approximately $40 million in sales for 2023; ASSA ABLOY says the acquisition strengthens its product portfolio and presence in the southern US and will be accretive to EPS.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.