Dormakaba acquires Stanley Commercial Hardware from Stanley Black & Decker for $725M

Dormakaba announced it is acquiring certain mechanical security businesses from Stanley Black & Decker, including Stanley Commercial Hardware and GMT in China, for $725 million. The transaction is expected to close in Q1 2017.

“This transaction builds on the Dormakaba merger, which boosted our global market position, and the recently completed Mesker acquisition.”usg.mydigitalpublication.com

• 1 source
• usg.mydigitalpublication.comUSGlass • February 2017 • Mergers & AcquisitionsFeb 18, 2017

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