Assa Abloy : Assa Abloy acquires Spectrum Brands’ HHI division for $ 4.3bn
>HHI: an acquisition in the residential segment in North America at a reasonable price, in our view - Yesterday, Assa Abloy announced that it had signed a definitive agreement for the acquisition of Spectrum Brands’ Hardware and Home Improvement (HHI) division for $ 4.3bn (SEK 37bn). HHI is one of the leading providers of security products (locks, electronic, smart, biometric locks) for the residential market in North America. This segment represented two-thirds ...ASSA ABLOY provides a range of door opening solutions. Co. is organized into five divisions. Europe, Middle East and Africa division, Americas (North and South America) division and Asia Pacific (Asia, Australia and New Zealand) division manufacture and sell mechanical and electromechanical locks, security doors and hardware in their respective geographical markets. Global Technologies division operates worldwide in the product areas of access control systems, secure card issuance, identification technology and hotel locks. Entrance Systems division is a global supplier of entrance automation products and service.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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