Client Overview
Since 1999, Inovadoor has stood out for combining technology and innovation in the manufacture of sectional doors, flexible doors and dock shelters, solutions that bring customers closer to greater efficiency in their industrial processes.
It is currently one of the five largest manufacturers in the segment in the country, with products that are benchmarks in terms of quality, cost-effectiveness and safety.
Transaction Overview
The Swedish group ASSA ABLOY, a global manufacturer and supplier of access control and security solutions, has completed the acquisition of Inovadoor, a manufacturer of industrial doors and solutions from Paraná.
"I am very pleased to welcome Inovadoor to the ASSA ABLOY Group. This acquisition fulfills our strategy of strengthening our current access automation offering in emerging markets," says Nico Delvaux, President and CEO of ASSA ABLOY.
"By leveraging Inovadoor's local manufacturing capabilities, national reach and outstanding reputation, we will strengthen our presence in Brazil and pave the way for future expansion and growth opportunities in Brazil and throughout Latin America," says Massimo Grassi, ASSA ABLOY's Executive Vice President and Head of the Entry Systems Division.
Redirection acted as exclusive financial advisor to Inovadoor.
