ASSA ABLOY Agrees to Acquire Brazil’s Rometal
ASSA ABLOY said it has agreed to acquire Rometal, a Brazil-based manufacturer of aluminum solutions and accessories. The transaction is expected to be accretive to earnings per share from the start.
STOCKHOLM (dpa-AFX) - ASSA ABLOY AB (ASSA-B.ST), a Swedish provider of access solutions, said Thursday that it has agreed to acquire Rometal, a Brazil-based manufacturer of aluminum solutions and accessories.The transaction is expected to be accretive to earnings per share from the start.'This acqu…