I wonder if Assa bought them to simply slowly shut down a competitor after assimilating the market share?
Assa Acquires $40 Million Chinese Manufacturer
Published Dec 17, 2014 05:00 AM
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)
JS
Jack Sink
Dec 18, 2014