(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
Market environment was weak in Europe in Passenger car & Light truck tires, disappointing in North America and expanding in the new markets. Volume performance reflected: – The two fewer business days. – The difference in market trends between the … Read the full press release →
Posted in Automotive, Business, Commodities, Financial, France, Industrial, Investment, Transportation & Logistics
Tagged AGRICULTURAL TIRES, AIRCRAFT TIRES, capital expenditure, cash flow, Clermont-Ferrand, competitiveness, Earthmover segment, EARTHMOVER TIRES, full-year outlook, investors, Light truck tires, market trends, mature markets, Michelin, operating income, original equipment demand, Passenger car, positive free cash flow, raw materials, raw materials costs, sales, tire sizes, TWO-WHEEL TIRES
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