ASSA ABLOY Acquires J Newton Enterprises Inc
August 9, 2022
ASSA ABLOY has acquired J Newton Enterprises Inc., a pedestrian door distributor and service company headquartered in Inverness, Florida. The acquisition (J Newton: >60 employees; 2021 sales ≈ $16M) strengthens ASSA ABLOY's pedestrian business and service offering in the Florida market and is expected to be accretive to EPS from the start.
- Buyers
- ASSA ABLOY
- Targets
- J Newton Enterprises Inc
- Industry
- Building Products
- Location
- Florida, United States
- Transaction Type
- Buyout
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