Nasdaq

ASSA ABLOY sells Emtek and the Smart Residential business in the U.S. and Canada in furtherance of the proposed acquisition of the Hardware and Home Improvement division

STOCKHOLM, Dec. 2, 2022 ASSA ABLOY has entered into binding agreements with Fortune Brands Home & Security, Inc. (NYSE: FBHS) or ("Fortune Brands") for the sale of Emtek and the Smart Residential ...
Security Systems News

ASSA ABLOY completes sale of Emtek and Smart Residential toward HHI acquisition

YARMOUTH, Maine – On Dec. 2 ASSA ABLOY announced that it has entered into binding agreements with Fortune Brands Home & Security with regard to the sale of its Emtek and Smart Residential businesses.
Seeking Alpha

ASSA ABLOY's acquisition of HHI and the divestment of Emtek and the Smart Residential business in the U.S. and Canada have been completed

STOCKHOLM, June 20, 2023 /PRNewswire/ -- Today, ASSA ABLOY (ASAZY) has completed the acquisition of Spectrum Brands' Hardware and Home Improvement division ("HHI") and the divestment of Emtek and the ...