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
- Industry
- Building Products
- Location
- Florida, United States
- Transaction Type
- Buyout
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