Tag: Paddock
Assa Abloy buys UK firm
August 3, 2010Martha Entwistle
Though Assa Abloy announced its agreement to purchase UK lock manufacturer Paddock back in May, it looks like the deal has now gone final, as the private equity firm that sold Paddock is now crowing about the deal.
From the original Abloy release:
“Paddock is a great addition to ASSA ABLOY UK and to the EMEA business as a whole. This is an important acquisition which enhances our position in the fast growing multipoint lock segment. Paddock has innovative products, impressive market presence...
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