Grupo Forte: Sale
Advisory to Grupo Forte on the sale of 100% of its shares to ASSA ABLOY
In September 2023, Grupo Forte, a leading Peruvian company in the manufacturing and marketing of locks and padlocks, was fully acquired by the global leader in access solutions ASSA ABLOY.
Forte was founded in 1967 and remained a family business throughout its growth. It has a team of 340 collaborators and presence in Peru, Ecuador and Bolivia.
The integration of Forte with ASSA ABLOY will allow the continued growth and strengthening of the brand in the country and the region.
EFIC Partners acted as exclusive financial advisor to Forte; the sellers in the transaction.