OM:ASSA BBuilding
ASSA ABLOY Buys Rollerdoor Group As Investors Reassess Valuation And Growth
ASSA ABLOY has agreed to acquire Rollerdoor Group, a Portuguese sectional door manufacturer.
The business will be integrated into the Industrial segment of ASSA ABLOY Entrance Systems.
The deal adds sectional door products to ASSA ABLOY's existing entrance solutions portfolio.
For investors watching OM:ASSA B, the Rollerdoor Group acquisition comes as the shares trade around SEK365.9. ASSA ABLOY has recorded a 36.5% return over the past year and 64.3% over three years, with a 56.3% return...