Posts Tagged ‘ Nico Delvaux ’

ASSA ABLOY Acquires Caldwell

Jun 22nd, 2022

ASSA ABLOY, a Swedish conglomerate whose offerings include products and services related to locks, doors, gates, and entrance automation has announced that the company has acquired Caldwell, a manufacturer of fenestration hardware for window manufacturers. “I am very pleased to welcome Caldwell into the ASSA ABLOY Group. This acquisition delivers on our strategy to add […]

ASSA ABLOY to Acquire Hardware and Home Improvement Division of Spectrum Brands

Sep 9th, 2021

ASSA ABLOY recently announced that it has signed a definitive agreement to acquire the Hardware and Home Improvement (HHI) division of Spectrum Brands for a purchase price of MUSD 4,300 on a cash and debt-free basis. Spectrum Brands’ Hardware and Home Improvement division provides security, plumbing, and builders’ hardware products to the North American residential […]

ASSA ABLOY Acquires Capital Door Service in the US

Aug 13th, 2021

ASSA ABLOY has acquired Capital Door Service, a pedestrian door distributor and service company in California, Nevada and Arizona. “I am very pleased to welcome Capital Door Service into the ASSA ABLOY Group. I welcome this complementary addition, specializing in entrance automation, to our business,” says Nico Delvaux, president and CEO of ASSA ABLOY. Capital […]

Assa Abloy Acquires Sure-Loc in the US

May 24th, 2021

Assa Abloy has acquired Salt Lake City-based Sure-Loc, a supplier of locks and associated hardware in the U.S. The company was established in 2002 and has about 45 employees. “I am very pleased to welcome Sure-Loc into the Assa Abloy Group. This acquisition delivers on our strategy to strengthen our position in the mature markets […]

ASSA ABLOY Announces Preliminary Result for First Quarter

Apr 7th, 2020

ASSA ABLOY announced its preliminary result for the first quarter 2020 today. “Due to the spread of Covid-19 and the unprecedented lock down globally in our core markets, the start of 2020 has been challenging. To address the situation, we have taken a series of measures to preserve the health and safety of our employees, […]

EU Commission Clears Assa Abloy’s Acquisition of Agta Record, Subject to Conditions

Mar 3rd, 2020

Assa Abloy received phase one conditional clearance by the EU Commission for the company, as a 39% shareholder in the Swiss automatic door company Agta Record, to indirectly acquire the 54% shareholding in Agta Record from the shareholders of Agta Finance. Closing of the acquisition is expected in the second half of 2020 after all […]

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