ASSA ABLOY Acquires Norshield Security Products
December 20, 2024
ASSA ABLOY has acquired Norshield Security Products, a U.S.-based manufacturer of certified ballistic, attack- and blast-resistant openings and enclosures, based in Montgomery, Alabama. The acquisition, from the Spell Family Office/Spell Capital Partners, expands ASSA ABLOY's high-security product portfolio and is expected to be accretive to earnings immediately.
- Buyers
- ASSA ABLOY
- Targets
- Norshield Security Products
- Sellers
- Spell Family Office, Spell Capital Partners
- Industry
- Manufacturing
- Location
- Alabama, United States
- Transaction Type
- Buyout
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