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Peshë e rëndë! Renowned U.S. Bathroom Brand Acquired

Shkolla e biznesit të banjës

Kohët e fundit, Assa Abloy (Assa Abloy), a world-renowned provider of smart locks and security solutions, announced that it will acquire the hardware and home division of Spectrum Brands Group (Spectrum Brands), a U.S. kompani, për $4.3 miliard (rreth RMB 27.741 miliard). Spectrum Brands Group owns the famous American bathroom brand Pfister (Puffy). The brand entered the China market in 2014, and it is unknown whether this acquisition will have any impact on its China business.

Spectrum Brands Group Sells Hardware and Home Business for $27.7 Miliard

Në shtator 8, local time, Sweden-based global security giant ASSA ABLOY announced that it has signed a definitive agreement with Spectrum Brands Group, a publicly-traded U.S. consumer goods company. It will acquire the company’s hardware and home division (HHI) për $4.3 miliard (rreth RMB 27.7 miliard), and the deal is expected to close in the fourth quarter of 2021.

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Fotografi e njoftimit të Assa Abloy

The announcement stated that Spectrum Brands Group is a leading provider of residential security, hidraulik dhe ndërtim i produkteve në Amerikën e Veriut. They provide the market with diversified products such as locks, rubinet, and decorative materials. Mes tyre, HHI is headquartered in Lake Forest, Kaliforni. It employs approximately 7,500 people worldwide and has offices in the U.S., Meksikë, Kina dhe Filipinet. HII’s strong partnerships with a large number of customers also benefit ASSA ABLOY in this acquisition.

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Spectrum Brands Group

Duke komentuar blerjen, ASSA ABLOY President and CEO Nico Delvaux said that it is an excellent addition to the group and will boost the company’s North American business. Në të njëjtën kohë, Produktet e HHI do të forcojnë pozicionin e tregut të grupit dhe do të çojnë më tej kalimin e kompanisë në zhvillimin dixhital.

Nga ana tjetër, David Maura, CEO of Spectrum Brands Group, noted that the sale of the HHI division is aimed at reducing the company’s debt and investing in growth. Në të ardhmen, the company will acquire Global Pet Care and Home&Bizneset e kopshtit, Ndërsa rrit ndarjen e saj në shtëpi dhe të kujdesit personal. Mbi arsyet e shitjes së HHI, he noted that the division’s products are “frekuencë e qëndrueshme dhe e ulët e blerjes” Për dallim nga produktet e tjera të grupit. He said the move would drive growth in the HHI division andbenefit consumers around the world. It is worth noting that prior to the divestment of HHI, Spectrum Brands Group also sold its Rayovac battery business in 2019 to Energizer Holdings, një prodhues kryesor global i baterive.

 

Bathroom brands Pfister and Fortis werepackagedfor sale

It is understood that Spectrum Brands Group is a global consumer goods company. Produktet e saj përfshijnë pajisjet shtëpiake, kujdestar, pajisje, shtëpiake, pet, gardening and so on. The group’s HHI division owns Kwikset, I mençur, Eme, Baldwin, Pajisje kombëtare, Pfister, Fortis and many other brands. Produktet e saj janë të përfshira kryesisht në bravat e dyerve, Dorezat e dyerve, pajisje sanitare, hidraulik, etj.

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Divizioni HHI përfshin 8 marka kryesore

Mes tyre, Pfister është një markë e njohur amerikane e banjës, themeluar në 1910. Ka më shumë se 100 years of history now. Pfister’s Chinese name isPuffy”. Në maj 2014, Pfister held a press conference in Shanghai to announce its entry into the Chinese market. Aktualisht, it has a flagship store in Shenzhen. Sipas informacionit publik të AIC, the Pfister brand in China market is operated by Shenzhen Bosebel Household Co.

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Pfister faucet products

Fortis, nga ana tjetër, is an Italian brand based in the Pogno area. Fortisproduct range is similar to that of Pfister, which also focuses on faucet hardware, mainly for the middle and high-end consumer groups.

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Fortis faucet products

According to Spectrum Brands Group’s fiscal year 2020 financial report, Kompania arriti shitjet e $3.964 billion in the last fiscal year, of which the HHI division accounted for $1.342 miliard. The financial report revealed that bathroom products accounted for 21% of the HHI division’s revenue, meaning that bathroom products contributed about $281 million in revenue.

 

A number of bathroom, cabinet companies have been selling business or operating rights

ROCA kohët e fundit njoftoi se ka përfunduar shitjen e biznesit të saj të pllakave, the purchaser Mexico La Mossa Group to seven banks after a loan of $ 200 milion, nje total prej $ 260 million for the acquisition. Kompania polake e banjës Capricorn SA zbuloi gjithashtu se do të shesë të gjitha aksionet e saj të lëshuara në gjigantin finlandez HVAC. In terms of cabinetry companies, Corsi in the U.S. also recently announced the transfer of ownership of the company from Pat Corsi to Mark Earl, a transaction that became effective on August 31.

Përveç kësaj, there are also companies that are eager to transfer their operating rights but suffer from the lack of suitable transaction objects and have to end their operations. Kuzhinë & Bath headlines previously reported that the German cabinet company Neue Alno had been actively looking for investors to take over the company, but the company recently said that due to the lack of a suitable transaction object. The company will end its operations at the end of September, and for some undelivered orders, the company will try to complete the delivery. It is reported that Neue Alno had previously attracted the attention of Chinese real estate giant Beyoncé, but the two sides did not finally reach cooperation. Njoftimi për ndërprerjen e operacioneve ka lënë shumë tregtarë lokalë dhe praktikues në Gjermani duke befasuar situatën.

Recalling the cabinet and business industry development so far this year, the divestiture of secondary business and focus on the main business has become the main reason for companies to sell subsidiaries, nën-marka. In today’s accelerated degree of industry consolidation, these are business practices and promote the growth of value in established areas. This certainly provides a new possibility for the development of the business.

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