Mandi Sakola Usaha
Nembe, 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 (Merk spéktrum), a U.S. pausahaan, pikeun $4.3 milyar (ngeunaan RMB 27.741 milyar). 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 Milyar
Dina Séptémber 8, Waktos lokal, 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) pikeun $4.3 milyar (ngeunaan RMB 27.7 milyar), and the deal is expected to close in the fourth quarter of 2021.
Potret layar tina pengumuman ASSA ABLOY
The announcement stated that Spectrum Brands Group is a leading provider of residential security, plumbing jeung wangunan produk di Amérika Kalér. They provide the market with diversified products such as locks, basa keran, and decorative materials. Diantara aranjeunna, HHI is headquartered in Lake Forest, California. It employs approximately 7,500 people worldwide and has offices in the U.S., Mexico, Cina jeung Filipina. HII’s strong partnerships with a large number of customers also benefit ASSA ABLOY in this acquisition.
Spectrum Brands Group
Commenting on akuisisi, 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. Dina waktos anu sasarengan, produk HHI bakal nguatkeun posisi pasar Grup sarta salajengna ngajalankeun transisi parusahaan kana ngembangkeun digital.
Di sisi anu sanésna, 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. Di masa anu payun, the company will acquire Global Pet Care and Home&Usaha kebon, bari naekeun divisi perawatan bumi sareng pribadi. Dina alesan pikeun dijual HHI, he noted that the division’s products are “awét sarta frékuénsi beuli low” Teu kawas produk séjén grup urang. He said the move would drive growth in the HHI division and “benefit 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, produsén batré global ngarah.
Bathroom brands Pfister and Fortis were “packaged” for sale
It is understood that Spectrum Brands Group is a global consumer goods company. Produkna kalebet perkakas bumi, perawatan pribadi, harewarna, rumah tangga, pet, gardening and so on. The group’s HHI division owns Kwikset, Sage, IEU, Baldwin, Hardware Nasional, Pfister, Fortis and many other brands. produk na utamana aub dina konci panto, gagang panto, Saniter Watak, paakaan, jsb.
Divisi HHI ngawengku 8 merek utama
Diantara aranjeunna, Pfister mangrupikeun merek kamar mandi Amérika anu terkenal, didirikeun di 1910. Éta ngagaduhan langkung ti 100 years of history now. Pfister’s Chinese name is “Puffy”. Dina sasih Méi 2014, Pfister held a press conference in Shanghai to announce its entry into the Chinese market. Ayeuna, it has a flagship store in Shenzhen. Numutkeun inpormasi umum AIC, the Pfister brand in China market is operated by Shenzhen Bosebel Household Co.
Produk keran Pfister
Fortis, di sisi anu sanésna, is an Italian brand based in the Pogno area. Fortis’ product range is similar to that of Pfister, which also focuses on faucet hardware, mainly for the middle and high-end consumer groups.
Produk keran Fortis
According to Spectrum Brands Group’s fiscal year 2020 laporan kauangan, the company achieved sales of $3.964 billion in the last fiscal year, of which the HHI division accounted for $1.342 milyar. Laporan kauangan ngungkabkeun yén produk kamar mandi dipertimbangkeun 21% tina pendapatan divisi HHI, meaning that bathroom products contributed about $281 million in revenue.
A number of bathroom, cabinet companies have been selling business or operating rights
Roca nembe ngumumkeun yén éta parantos réngsé penjualan bisnis ubin na, the purchaser Mexico La Mossa Group to seven banks after a loan of $ 200 jutaan, jumlahna $ 260 million for the acquisition. Perusahaan kamar mandi Polandia Capricorn SA ogé ngungkabkeun yén éta bakal ngajual sadaya saham anu dikaluarkeun ka raksasa HVAC Finlandia Uponor.. 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.
Salaku tambahan, 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. Dapur & 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. Pengumuman lirén operasi parantos nyéépkeun seueur padagang sareng praktisi lokal di Jerman ngémutan kaayaan éta..
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, sub-merek. 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.





