ASSA ABLOY to Acquire SKIDATA
July 22, 2024
ASSA ABLOY has signed an agreement to acquire SKIDATA, a leading provider of access management solutions headquartered in Salzburg, Austria, from the Kudelski Group. The acquisition, expected to close in Q3 2024 subject to regulatory approval, will integrate SKIDATA into ASSA ABLOY's Entrance Systems Division to expand complementary products and capabilities in access solutions.
- Buyers
- ASSA ABLOY
- Targets
- SKIDATA
- Sellers
- Kudelski Group
- Industry
- Building Products
- Location
- Salzburg, Austria
- Transaction Type
- Buyout
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