ASSA ABLOY Acquires Wallace & Wallace and Wallace Perimeter Security
March 4, 2025
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.
- Buyers
- ASSA ABLOY
- Targets
- Wallace & Wallace, Wallace Perimeter Security
- Industry
- Building Products
- Location
- Manitoba, Canada
- Transaction Type
- Buyout
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