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ASSA ABLOY sells Emtek and the Smart Residential business in the U S and Canada in furtherance of the proposed acquisition of the Hardware and Home Improvement division

STOCKHOLM, Dec. 2, 2022 ASSA ABLOY has entered into binding agreements with Fortune Brands Home & Security, Inc. (NYSE: FBHS) or ("Fortune Brands") for the.

Assa Abloy locks in $800 million deal to sell Emtek, Yale businesses to Fortune Brands

(Reuters) - Assa Abloy AB said on Friday it will sell its Yale and Emtek lock brands, and U.S. and Canada residential businesses to Fortune Brands Hom.

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