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State: 17.08.2024 | 11PM
Wed, 18.12.2024       Assa Abloy
SE0007100581

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."

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