Aslong Showers News
Aslong Showers News
The Big News: The DOJ Lawsuit to Block the Acquisition of Spectrum Brands' Hardware and Home Improvement Division
This is the major ongoing news story involving Assa Abloy.
In September 2021, Assa Abloy announced its intent to acquire the hardware and home improvement division of Spectrum Brands (which includes the well-known lock brand Kwikset). This deal was valued at approximately $4.3 billion and would have combined two of the biggest players in the U.S. residential lock market.
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