A collection of law professors from around the United States have weighed in on ASSA ABLOY’s $4.3 billion acquisition of the Hardware and Home Improvement (HHI) division of Spectrum Brands. In their amicus brief, filed in U.S. District Court for the District of Columbia, the professors argue that ASSA ABLOY must show that its proposed […]

ASSA ABLOY says it has entered into binding agreements with Fortune Brands Home & Security Inc. to sell Emtek and the Smart Residential business in the U.S. and Canada. The transaction is ASSA ABLOY’s bid to fully resolve alleged competitive concerns surrounding its proposed acquisition of the Hardware and Home Improvement (HHI) division of Spectrum […]

ASSA ABLOY recently announced that it has signed a definitive agreement to acquire the Hardware and Home Improvement (HHI) division of Spectrum Brands for a purchase price of MUSD 4,300 on a cash and debt-free basis. Spectrum Brands’ Hardware and Home Improvement division provides security, plumbing, and builders’ hardware products to the North American residential […]