ASSA ABLOY Strengthens Fire-Rated Door Offering with Acquisition of Danish Firm Door System

ASSA ABLOY Strengthens Fire-Rated Door Offering with Acquisition of Danish Firm Door System

(IN BRIEF) ASSA ABLOY has signed an agreement to acquire Door System, a Danish manufacturer of high-quality fire-rated doors for the pharmaceutical, food, and retail sectors. Based in Hørning and employing 80 people, Door System is known for its innovative solutions that integrate fire resistance, hygiene, and temperature control. With 2024 sales of approximately MDKK 125 and a strong EBIT margin, the acquisition will be immediately accretive to earnings per share. The deal is expected to close in Q2 2025.

(PRESS RELEASE) STOCKHOLM, 25-Apr-2025 — /EuropaWire/ — ASSA ABLOY has announced its agreement to acquire Denmark-based Door System, a specialist manufacturer of premium fire-rated doors with notable expertise in delivering solutions to the pharmaceutical, food, and retail sectors. The move marks a strategic step to enhance ASSA ABLOY’s door solutions portfolio across Europe.

President and CEO of ASSA ABLOY, Nico Delvaux, emphasized the alignment with the company’s strategic growth agenda: “I am very pleased to welcome Door System to ASSA ABLOY. This acquisition delivers on our strategy to add complementary products and solutions to our core business.”

Door System, founded in 1998 and employing around 80 people, operates its headquarters and manufacturing facility in Hørning, Denmark. The company has built a strong reputation for its integrated, high-performance solutions combining fire resistance, hygiene, and temperature control — features critical to industries with stringent safety and quality demands.

Neil Vann, Executive Vice President of ASSA ABLOY and Head of the EMEIA Division, added: “Their strong expertise in high-quality fire rated doors aligns well with our vision for the door segment. Door System enhances our capacity to deliver combined fire-rated, hygienic, and freezer door solutions that meet the evolving needs of key industries. We are excited to welcome the Door System team to the ASSA ABLOY family.”

With reported sales of approximately MDKK 125 (around MSEK 190) in 2024 and a robust EBIT margin, Door System is expected to contribute positively to ASSA ABLOY’s earnings per share from day one. The transaction remains subject to customary closing conditions and is expected to complete in the second quarter of 2025.

About ASSA ABLOY
ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 63,000 employees and sales of SEK 150 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places.

Media Contacts:

Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82
Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72

Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68, e-mail: bjorn.tibell@assaabloy.com

SOURCE: ASSA ABLOY