PR Newswire
STOCKHOLM, Jan. 8, 2025 /PRNewswire/ -- ASSA ABLOY has signed an agreement to acquire 3millID Corporation and Third Millennium Systems Ltd ("3millID and Third Millennium"), companies within readers and credentials for physical access control based in the US and UK.
"I am very pleased to welcome 3millID and Third Millennium into the ASSA ABLOY Group, exciting technological additions that will reinforce our current offering within physical access control, and provide complementary growth opportunities," says Nico Delvaux, President and CEO of ASSA ABLOY.
STOCKHOLM, Jan. 8, 2025 /PRNewswire/ -- ASSA ABLOY has signed an agreement to acquire 3millID Corporation and Third Millennium Systems Ltd ("3millID and Third Millennium"), companies within readers and credentials for physical access control based in the US and UK.
"I am very pleased to welcome 3millID and Third Millennium into the ASSA ABLOY Group, exciting technological additions that will reinforce our current offering within physical access control, and provide complementary growth opportunities," says Nico Delvaux, President and CEO of ASSA ABLOY.
STOCKHOLM, Dec. 18, 2024 /PRNewswire/ -- ASSA ABLOY has acquired Norshield Security Products ("Norshield"), a US manufacturer of high-security openings and enclosures.
"I am very pleased to welcome Norshield into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY.
"Norshield's focus on certified ballistic, attack- and blast-resistant products complements our current high-security door portfolio and will enhance our expertise in this market," says Lucas Boselli, Executive Vice President of ASSA ABLOY and Head of the Americas Division. "Norshield's exemplary reputation for high-quality, innovative products and excellent customer service reflects our values, and I am excited for them to join ASSA ABLOY."
STOCKHOLM, Dec. 18, 2024 /PRNewswire/ -- ASSA ABLOY has acquired Norshield Security Products ("Norshield"), a US manufacturer of high-security openings and enclosures.
"I am very pleased to welcome Norshield into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY.
"Norshield's focus on certified ballistic, attack- and blast-resistant products complements our current high-security door portfolio and will enhance our expertise in this market," says Lucas Boselli, Executive Vice President of ASSA ABLOY and Head of the Americas Division. "Norshield's exemplary reputation for high-quality, innovative products and excellent customer service reflects our values, and I am excited for them to join ASSA ABLOY."
STOCKHOLM, Dec. 17, 2024 /PRNewswire/ -- ASSA ABLOY has acquired Roger Sp. z o.o. sp.k., a Polish manufacturer of on-premise electronic access control systems and related hardware.
"I look forward to welcoming Roger into the ASSA ABLOY Group. This acquisition delivers on our strategy to add complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY.
"Roger has over 30-years of track record in Poland with a reputation as a strong electronic access control system provider trusted by over 5 million users. The team has a solid track record of innovation and is a valuable addition to our business," says Neil Vann, Executive Vice President of ASSA ABLOY and Head of EMEIA Division.
STOCKHOLM, Dec. 17, 2024 /PRNewswire/ -- ASSA ABLOY has acquired Roger Sp. z o.o. sp.k., a Polish manufacturer of on-premise electronic access control systems and related hardware.
"I look forward to welcoming Roger into the ASSA ABLOY Group. This acquisition delivers on our strategy to add complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY.
"Roger has over 30-years of track record in Poland with a reputation as a strong electronic access control system provider trusted by over 5 million users. The team has a solid track record of innovation and is a valuable addition to our business," says Neil Vann, Executive Vice President of ASSA ABLOY and Head of EMEIA Division.
STOCKHOLM, Dec. 11, 2024 /PRNewswire/ -- We have the pleasure of inviting you to our 2025 Sustainability seminar which will be hosted the day after our 2024 year-end report. During the seminar, we will address ASSA ABLOY's work, progress, and opportunities within sustainability.
Time: Thursday 6 February 2025 at 14:00 - approximately 16:45 (CET)Location: A link to the digital event will be circulated to registered participants before the event.RSVP: By 31 January 2025. Please register by clicking on the link below:
STOCKHOLM, Dec. 11, 2024 /PRNewswire/ -- We have the pleasure of inviting you to our 2025 Sustainability seminar which will be hosted the day after our 2024 year-end report. During the seminar, we will address ASSA ABLOY's work, progress, and opportunities within sustainability.
Time: Thursday 6 February 2025 at 14:00 - approximately 16:45 (CET)Location: A link to the digital event will be circulated to registered participants before the event.RSVP: By 31 January 2025. Please register by clicking on the link below:
STOCKHOLM, Dec. 3, 2024 /PRNewswire/ -- ASSA ABLOY has acquired 9Solutions, a Finnish provider of highly integrated AI-powered real time locating healthcare solutions for critical communication and collaboration, with a focus on senior care.
"I am very pleased to welcome 9Solutions into the ASSA ABLOY Group, an exciting technological addition that will reinforce our current offering within the Senior Care business area, and provide complementary growth opportunities," says Nico Delvaux, President and CEO of ASSA ABLOY.
STOCKHOLM, Dec. 3, 2024 /PRNewswire/ -- ASSA ABLOY has acquired 9Solutions, a Finnish provider of highly integrated AI-powered real time locating healthcare solutions for critical communication and collaboration, with a focus on senior care.
"I am very pleased to welcome 9Solutions into the ASSA ABLOY Group, an exciting technological addition that will reinforce our current offering within the Senior Care business area, and provide complementary growth opportunities," says Nico Delvaux, President and CEO of ASSA ABLOY.
STOCKHOLM, Dec. 2, 2024 /PRNewswire/ -- ASSA ABLOY has acquired Premier Steel Doors and Frames ("Premier"), a US manufacturer of hollow metal doors and frames, metal building door systems, and aluminium windows.
"I am very pleased to welcome Premier into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY.
"Premier is a well-known and respected steel door and frame manufacturer, and I'm excited for them to join our division," says Lucas Boselli, Executive Vice President of ASSA ABLOY and Head of the Americas Division. "This acquisition complements our current product portfolio, strengthens our presence in the southern US, and enhances our expertise in solutions for metal buildings."
STOCKHOLM, Dec. 2, 2024 /PRNewswire/ -- ASSA ABLOY has acquired Premier Steel Doors and Frames ("Premier"), a US manufacturer of hollow metal doors and frames, metal building door systems, and aluminium windows.
"I am very pleased to welcome Premier into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY.
"Premier is a well-known and respected steel door and frame manufacturer, and I'm excited for them to join our division," says Lucas Boselli, Executive Vice President of ASSA ABLOY and Head of the Americas Division. "This acquisition complements our current product portfolio, strengthens our presence in the southern US, and enhances our expertise in solutions for metal buildings."
STOCKHOLM, Nov. 28, 2024 /PRNewswire/ -- ASSA ABLOY will host an in-person Capital Markets Day (CMD) on 19 November 2025, in Milwaukee including a nearby visit at one of Entrance Systems' Industrial segment sites in Kenosha.
During the CMD, Nico Delvaux, President & CEO, and Erik Pieder, CFO, will give an update of ASSA ABLOY's strategy and direction. Other members of the executive team will also participate.
More detailed information will be provided prior to the event.
ASSA ABLOY is organizing the CMD in coordination with ABB. ABB will host its CMD on 18 November 2025, also in Milwaukee.
STOCKHOLM, Nov. 28, 2024 /PRNewswire/ -- ASSA ABLOY will host an in-person Capital Markets Day (CMD) on 19 November 2025, in Milwaukee including a nearby visit at one of Entrance Systems' Industrial segment sites in Kenosha.
During the CMD, Nico Delvaux, President & CEO, and Erik Pieder, CFO, will give an update of ASSA ABLOY's strategy and direction. Other members of the executive team will also participate.
More detailed information will be provided prior to the event.
ASSA ABLOY is organizing the CMD in coordination with ABB. ABB will host its CMD on 18 November 2025, also in Milwaukee.
STOCKHOLM, Nov. 12, 2024 /PRNewswire/ -- ASSA ABLOY has acquired IXLA, an Italian Manufacturer of advanced laser and color personalization systems for cards and passports.
"I am very pleased to welcome the IXLA team into the ASSA ABLOY Group. IXLA is an interesting technological addition to the ASSA ABLOY Group and will increase our presence in the government card personalization equipment space and provides complementary growth opportunities," says Nico Delvaux, President and CEO of ASSA ABLOY.
STOCKHOLM, Nov. 12, 2024 /PRNewswire/ -- ASSA ABLOY has acquired IXLA, an Italian Manufacturer of advanced laser and color personalization systems for cards and passports.
"I am very pleased to welcome the IXLA team into the ASSA ABLOY Group. IXLA is an interesting technological addition to the ASSA ABLOY Group and will increase our presence in the government card personalization equipment space and provides complementary growth opportunities," says Nico Delvaux, President and CEO of ASSA ABLOY.
Record operating profit
STOCKHOLM, Oct. 23, 2024 /PRNewswire/ --
Third quarter
Net sales increased by 1% to SEK 37,418 M (36,881), with positive organic growth of 0% (1) and acquired net growth of 4% (11). Exchange- rates affected sales by –3% (4).Organic sales growth was good in Americas and Global Technologies, stable in EMEIA, while organic sales declined in Entrance Systems and Asia Pacific.Seven acquisitions with combined annual sales of about SEK 4 billion were completed in the quarter.Operating income[1] (EBIT) increased by 8% and amounted to SEK 6,255 M (5,777), with an operating margin of 16.7% (15.7).Net income1 amounted to SEK 4,033 M (3,656).Earnings per share1 amounted to SEK 3.63 (3.31).Operating cash flow amounted to SEK 6,341 M (7,177).Record operating profit
STOCKHOLM, Oct. 23, 2024 /PRNewswire/ --
Third quarter
Net sales increased by 1% to SEK 37,418 M (36,881), with positive organic growth of 0% (1) and acquired net growth of 4% (11). Exchange- rates affected sales by –3% (4).Organic sales growth was good in Americas and Global Technologies, stable in EMEIA, while organic sales declined in Entrance Systems and Asia Pacific.Seven acquisitions with combined annual sales of about SEK 4 billion were completed in the quarter.Operating income[1] (EBIT) increased by 8% and amounted to SEK 6,255 M (5,777), with an operating margin of 16.7% (15.7).Net income1 amounted to SEK 4,033 M (3,656).Earnings per share1 amounted to SEK 3.63 (3.31).Operating cash flow amounted to SEK 6,341 M (7,177).STOCKHOLM, Oct. 18, 2024 /PRNewswire/ -- ASSA ABLOY has signed an agreement to sell its Citizen ID business to TOPPAN.
The Citizen ID business area of HID manufactures, designs, and implements physical and mobile identity solutions for government to citizen programs around the globe. Citizen ID has some 450 employees with manufacturing facilities in Ireland, Malta and the US. Sales in 2023 amounted to about SEK 1,300 M.
"I find it very satisfying that with TOPPAN, Citizen ID and its employees and customers get a committed long-term owner, creating new opportunities for the future and I wish them every success," says Nico Delvaux, President and CEO of ASSA ABLOY.
STOCKHOLM, Oct. 18, 2024 /PRNewswire/ -- ASSA ABLOY has signed an agreement to sell its Citizen ID business to TOPPAN.
The Citizen ID business area of HID manufactures, designs, and implements physical and mobile identity solutions for government to citizen programs around the globe. Citizen ID has some 450 employees with manufacturing facilities in Ireland, Malta and the US. Sales in 2023 amounted to about SEK 1,300 M.
"I find it very satisfying that with TOPPAN, Citizen ID and its employees and customers get a committed long-term owner, creating new opportunities for the future and I wish them every success," says Nico Delvaux, President and CEO of ASSA ABLOY.
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