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Stock impact report

OpenGate Capital Portfolio Company S&G Sells Premier Steel Doors and Frames to ASSA ABLOY [Yahoo! Finance]

ASSA ABLOY UNSP/ADR (ASAZY) 
NASDAQ:AMEX Investor Relations: assaabloy.com/en/com/investors
Company Research Source: Yahoo! Finance
company Sargent and Greenleaf ("S&G") has completed the sale of Premier Steel Doors and Frames ("Premier" or the "Company"), a US manufacturer of hollow metal doors and frames, metal building door systems, and aluminum windows, to ASSA ABLOY, the global leader in access solutions with leading positions in efficient door openings, trusted identities and entrance automation. Terms of the agreement were not disclosed. OpenGate acquired S&G from Stanley Black & Decker in May 2019. In December 2019, S&G acquired Premier, a leading provider of security related hardware products. "Premier has experienced incredible growth and innovation over the last five years within the S&G family of brands and we believe the company is well-positioned for continued success as part of ASSA ABLOY," said Andrew Nikou, Founder and Managing Partner at OpenGate. "We are grateful for the opportunity to have partnered with the talented team at Premier and look forward to seeing what the company achieves in th Show less Read more
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