Assa Acquires $40 Million Chinese Manufacturer

By Brian Rhodes, Published Dec 17, 2014, 12:00am EST (Info+)

In this note, we examine the impact of Assa'a purchase of a $40 million Chinese access control manufacturer.

Assa ******** **** ********** ****

**** ***** **** ***** *********** ** ****** * ******* ***** **** system ************,**** ********** ****, ***.  ***** ***** ** *** **** have *** **** *********, **** ********** Lock ** *** * ************* **** of *** ***** *********** **** ******, reportedly ******* **** **** $** ******* USD (*** *** *) ** ***** ** 2014.

Company *******

**** ********** **** ** **** ********** for **'*'*******' ****** ********** **** *** *********** **** locks. ***** ******** *** ******** ** be ***-********* *** ******* *******, *** routinely ******* ** *** ********** ****** or * *********** ****. *** ***** 'company *******' ***** ***** ***** **** Digi ** *** **** * ******** company, *** ** *** ************ ** these ********, **** ***********, ******, *** support **-*****:

**** **** ******* *********, **** **********'* locks *** ** *** ******* ****. For *******,*** *******'* **** ***** ********* ******** *** ** ********* *** less **** $*** ***, * ******** of *** **** **** ** ******** and ******** ******** ***.

Market ******

**** ** ***** ** *** ********** access ******, ** ****** **** ******** to **** ****** ******. **** ****** the ***** **** *****, ****'* ******** portfolio ** ********* ******** * **** slate ************* ****** ***********, ***************** ********** **** *********** ****** ***** ******* of ****.

** ****** *** ******** ** **** Electronic **** *********** **** ******* *********** **** a ********* ****, **** * ****** incorporation ** *** ******* **** ** existing *********** ***** ****** **** ********* operations ** * ******** **** ***** new *********.

*** *** ****** ******** ****** ******* market, **** ******** **** *** ****** change ***** ******** ** ******* *********.

Comments (1)

I wonder if Assa bought them to simply slowly shut down a competitor after assimilating the market share?

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