Acquiring Company
Toppan Holdings
Acquired Company
HID Global
BunkyoManufacturingPrintingDescription
ASSA ABLOY has entered into an agreement to sell its Citizen ID business to TOPPAN. The Citizen ID business area of HID manufactures, designs, and implements physical and mobile identity solutions for government to citizen programs around the globe. This transaction is expected to have a positive effect on ASSA ABLOY´s operating margin going forward.
Quick answer
Toppan Holdings is acquiring HID Global, announced October 18, 2024. Toppan Holdings is based in Bunkyo, Tokyo, Japan.
- How much did Toppan Holdings pay for HID Global?
- The deal value was not disclosed.
- What does Toppan Holdings do?
- Toppan Holdings is a global leader in printing and packaging solutions.
- Where are Toppan Holdings and HID Global based?
- Toppan Holdings is based in Bunkyo, Tokyo, Japan.
Source: Fundz verified event record.
Other recent acquisitions in Printing and Manufacturing
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- ASSA ABLOY completes acquisition of Premier Steel Doors and Frames to strengthen position in the US market (December 2, 2024)
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Who to call at Toppan Holdings, and when
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Frequently asked
Who acquired HID Global?
HID Global was acquired by Toppan Holdings, based in Bunkyo. The deal was reported on October 18, 2024. Toppan Holdings is a global leader in printing and packaging solutions. The company focuses on sustainable packaging to enhance customer experience. Toppan Holdings is privately held and operates in Manufacturing.
When did Toppan Holdings acquire HID Global?
Toppan Holdings's acquisition of HID Global was reported on October 18, 2024. ASSA ABLOY has entered into an agreement to sell its Citizen ID business to TOPPAN. The Citizen ID business area of HID manufactures, designs, and implements physical and mobile identity solutions for government to citizen programs around the globe. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does HID Global do?
HID powers the trusted identities of the world’s people, places and things. We make it possible for people to transact safely, work productively and travel freely. It is privately held.
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