Fortune Brands to Acquire Emtek, Schaub, Yale and August Smart Lock Brands from ASSA ABLOY

May 5, 2023

Fortune Brands Innovations announced it will proceed with the acquisition of Emtek and Schaub premium and luxury door and cabinet hardware, along with Yale and August residential smart lock brands, from ASSA ABLOY. The deal is expected to close on or before June 30, 2023 after DOJ litigation resolution and required court approval.

Buyers
Fortune Brands Innovations, Inc.
Targets
Emtek, Schaub, Yale, August
Sellers
ASSA ABLOY, Inc.
Industry
Construction
Location
Illinois, United States
Transaction Type
Buyout

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