Transaction

Clearwater advises Arran Isle on its sale to ASSA ABLOY

Transaction

Arran Isle sold to ASSA ABLOY

Sell-side

Undisclosed

Role

Adviser to Arran Isle on its sale to ASSA ABLOY

Sector

Industrial & Chemicals

Region

United Kingdom

Clearwater has advised the shareholders of Arran Isle, a leading designer, manufacturer and distributor of door and window hardware, on its sale to ASSA ABLOY, a global leader in access solutions.

Arran Isle has a varied portfolio of innovative products primarily trading under the brands of Carlisle Brass and Mila. Businesses currently within the Arran Isle Group date back as far as 1971. The Group provides a market-leading service provision to customers and has strong relationships with housebuilders, door and window OEMs, trade customers and distributors.

Arran Isle’s Mila and Carlisle Brass businesses are highly complementary to ASSA ABLOY’S existing operations and will enable them to offer a wider range of distinctive, high value-adding door and window hardware to manufacturers, as well as to the growing remedial and home improvement sector.

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We thoroughly enjoyed working with the Clearwater team who played a full part in delivering a very good outcome for our shareholders. Right from the beginning of our relationship, everyone in the Arran Isle team sensed with every interaction, their professionalism, competence, and experience in dealing with transactions of this size. We established a positive chemistry between our teams and worked collaboratively through all the challenges that arose producing good solutions every time. We felt that Clearwater was alongside us every step of the way.

Martin Wardhaugh, CEO of Arran Isle
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Arran Isle Group and their respective businesses bring innovative products, well-known brands and an operational model that delivers consistent, great services. Their portfolio delivers on our strategy to extend the ASSA ABLOY product and service offering in residential and commercial markets for the UK and Ireland and I look forward to welcoming the Arran Isle team to our organisations.

Harry Warrender, Market Region Manager and Head of ASSA ABLOY Opening Solutions UK

It has been a pleasure to support the Arran Isle team in finding the right strategic partner and delivering an excellent result for all shareholders. Arran Isle has been on an impressive growth journey, and we have no doubt that both businesses will continue to thrive under this new partnership.

Michael Loudon, Partner at Clearwater

Advisers

Transactions