ASSA ABLOY Acquires Arran Isle Ltd
September 27, 2021
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.
- Buyers
- ASSA ABLOY
- Targets
- Arran Isle Ltd
- Industry
- Building Products
- Location
- United Kingdom
- Transaction Type
- Buyout
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