ASSA ABLOY AB (publ) (OM:ASSA B) agreed to acquire Arran Isle Limited on September 27, 2021. Arran Isle Limited had revenue of £100 million in 2020. The acquisition is subject to regulatory approval and customary closing conditions and is expected to close during the fourth quarter of 2021. The acquisition will be immediately accretive to earnings per share. The team consisted of partners Jon Hustler, Michael Loudon and Rob Britton, associate Director Mike Slater, senior associate Richard Corrie and executive Thomas Hickey of Clearwater International Limited acted as financial advisors to Arran Isle Limited.