# 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.

- Type: Acquisition
- Announced: 2017-02-18
- Where: United States
- Value: $725.0M
- Status: announced
- Products: mechanical security hardware, door hardware
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Stanley Black & Decker](https://endata.com/companies/17790.md) (target)
- [Dormakaba](https://endata.com/companies/22312.md) (acquirer)

## Sources

- [usg.mydigitalpublication.com](https://usg.mydigitalpublication.com/articles/mergers-acquisitions?article_id=2715091&i=385489), 2017-02-18: "This transaction builds on the Dormakaba merger, which boosted our global market position, and the recently completed Mesker acquisition."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.