Sale of Traka Plc to Assa Abloy AB

Deal typeM&A & Transaction Services
IndustryTechnology & Media

The BDO Transaction Services team provided vendor due diligence services in connection with the sale of Traka plc to Assa Abloy AB. Traka is a leader in the fast growing market of intelligent key cabinet and asset management solutions. The company has a strong track record of innovation and growth with sales split evenly between the UK and export markets. The acquisition provides Assa Abloy with advanced locking technologies and solutions to bolster their product portfolio and provide access to new markets worldwide.   

"We were very pleased with the vendor due diligence that BDO carried out for us. The team were impressive and the report they produced was robust and dealt with the key issues. The report greatly reduced the requirement for acquirer due diligence and certainly contributed to an efficient and successful process. I would highly recommend BDO for future work".    

Robert Smith, Managing Director, Traka plc