Categories: Security Camera

4 Firms Guide Assa Abloy’s $4.3B Home Hardware Unit Buy – Law360

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By Emma Whitford (September 8, 2021, 5:59 PM EDT) — Swiss door maker Assa Abloy announced Wednesday that it plans to buy the hardware and home improvement division of home products company Spectrum Brands for $4.3 billion, through a deal steered by Linklaters LLP, Hogan Lovells, Davis Polk & Wardwell LLP and Baker McKenzie. 

Assa Abloy plans to fund the purchase with a mix of cash and new debt, the company said. The deal is expected to close in the fourth quarter of 2021, subject to regulatory approval and other conditions.

Assa Abloy, headquartered in Stockholm, Sweden, designs and installs automatic and sliding doors for schools, hospitals and retail, according to…

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