On September 16, 2026, ASSA ABLOY announced the acquisition of Pacific Lock Company (PACLOCK), a US-based manufacturer of padlocks and security hardware. This acquisition is part of ASSA ABLOY's strategy to enhance their product offerings in mature markets. PACLOCK will join the Residential Business Segment within ASSA ABLOY's Americas Division.
Company Information
Company
ASSA ABLOY
About
The ASSA ABLOY Group is the global leader in access solutions. The Group operates worldwide with 48,000 employees and sales of SEK 88 billion. The Group has leading positions in areas such as efficient door openings, trusted identities and entrance automation. ASSA ABLOY's innovations enable safe, secure and convenient access to physical and digital places. Every day, we help billions of people experience a more open world.This information was brought to you by Cision http://news.cision.com
https://news.cision.com/assa-abloy/r/assa-abloy-to-acquire-hardware-and-home-improvement--hhi--division-of-spectrum-brands,c3412118
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Press release (PDF)
SOURCE ASSA ABLOY
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Frequently asked
Who acquired PACLOCK?
PACLOCK was acquired by ASSA ABLOY. The deal was reported on September 16, 2026. The ASSA ABLOY Group is the global leader in access solutions. The Group operates worldwide with 48,000 employees and sales of SEK 88 billion. ASSA ABLOY is privately held and operates in Manufacturing.
When did ASSA ABLOY acquire PACLOCK?
ASSA ABLOY's acquisition of PACLOCK was reported on September 16, 2026. On September 16, 2026, ASSA ABLOY announced the acquisition of Pacific Lock Company (PACLOCK), a US-based manufacturer of padlocks and security hardware. This acquisition is part of ASSA ABLOY's strategy to enhance their product offerings in mature markets. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does PACLOCK do?
Pacific Lock Company (PACLOCK) is a company that specializes in security products, including high-security padlocks. It is privately held, operating in Manufacturing.
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