(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 … Read the full press release
Posted in Business, Denmark, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged ASSA ABLOY, Danish manufacturing, Denmark, door solutions, Door System, EMEIA Division, EPS accretive, fire-rated doors, food industry, freezer doors, hygienic doors, Hørning, industrial doors, Neil Vann, Nico Delvaux, partnership, pharmaceutical industry, retail sector, safety doors, Strategic Acquisition
(IN BRIEF) ASSA ABLOY has acquired Canadian company Wallace & Wallace, along with Wallace Perimeter Security, to expand its Perimeter Security portfolio and strengthen its position in mature markets. The acquisition, which integrates a firm renowned for its perimeter fencing, … Read the full press release
Posted in Business, Construction, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged accretive, acquisition, ASSA ABLOY, business strategy, Canadian, Central Canada, CEO, Commercial, complementary products, distributor, door solutions, EBIT margin, Entrance Systems Division, EPS, Executive Vice President, gate solutions, installer, legacy brand, Manitoba, manufacturer, Massimo Grassi, mature markets, MCAD 57, MSEK 440, Nico Delvaux, partnership, perimeter fencing, Perimeter Security portfolio, President, residential, Wallace & Wallace, Wallace Perimeter Security, Winnipeg
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