(Reuters) - Assa Abloy AB said on Friday it will sell its Yale and Emtek lock brands, and U.S. and Canada residential businesses to Fortune Brands Home & Security in an $800 million all-cash deal, as ...

HONG KONG, Sept. 16, 2020 /PRNewswire/ -- The APAC smart homes market is expected to have stable growth, at an estimated CAGR of 16% over the coming years. Besides the wide adoption of smartphones and ...

New Haven, CT, December 5, 2017 – ASSA ABLOY is pleased to announce that it has completed its acquisition of August Home, Inc., a leading provider of smart locks and smart home access products and ...

STOCKHOLM – While ASSA ABLOY reported strong gains in its commercial business in the fourth quarter, there's a clear drag on profits in its residential business. It was a strong quarter in many ...

Smart lock startup August Home has been acquired by Swedish lock giant Assa Abloy. Terms of the deal were not disclosed. Founded out of San Francisco in 2013, August creates a home access system that ...

Based on our initial calculations, Assa Abloy's announced deal to buy HHI would be modestly accretive to our fair value estimate by about 4% and represents a long-term bet on the United States ...

COPENHAGEN, July 19 (Reuters) - Assa Abloy ASSAb.ST, the world's biggest lock maker, reported on Wednesday a 25% rise in second-quarter adjusted operating profit helped by 3% organic sales growth ...

The smart home market continues to heat up, and the legacy giants do not want to get locked out: quite literally. This morning, Assa Abloy, the $23 billion Swedish lock giant that owns Yale and many ...

Soft residential construction markets are holding wide-moat Assa Abloy ASSA B back in late 2023, with a meager 1% of organic growth delivered in the third quarter. The impact of weakened residential ...