DORMAKABA TO ACQUIRE MECHANICAL SECURITY BUSINESSES FROM STANLEY BLACK & DECKER

Strategic acquisition of a large and scalable business in North America

DORMAKABA TO ACQUIRE MECHANICAL SECURITY BUSINESSES FROM STANLEY BLACK & DECKER

Rümlang, Switzerland - dormakaba today announced that it has signed an agreement to acquire certain Mechanical Security businesses from Stanley Black & Decker. The transaction encompasses Stanley Commercial Hardware spanning mainly across North America and including a production facility in Taiwan; as well as GMT in China. Sargent and Greenleaf, a safe lock provider that also forms part of Stanley Black & Decker’s Mechanical Security business, is not included in the transaction.

Please find more information here:

Link: go.dormakaba.com/sbd

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