ASSA ABLOY says it has entered into binding agreements with Fortune Brands Home & Security Inc. to sell Emtek and the Smart Residential business in the U.S. and Canada. The transaction is ASSA ABLOY’s bid to fully resolve alleged competitive concerns surrounding its proposed acquisition of the Hardware and Home Improvement (HHI) division of Spectrum […]

ASSA ABLOY has formally responded to the U.S. Department of Justice’s (DOJ) civil antitrust lawsuit seeking to block the company’s proposed $4.3 billion acquisition of the Hardware and Home Improvement (HHI) division of Spectrum Brands Holdings Inc. The DOJ complaint, filed in the U.S. District Court for the District of Columbia, alleges that the merger […]

ASSA ABLOY has announced it recently acquired Bird Home Automation GmbH, a German manufacturer of high-quality IP door intercom for single and multi-family buildings, for indoor station or smartphone control, marketed under the trademark DoorBird. “I look forward to welcoming DoorBird and their employees into the ASSA ABLOY Group. DoorBird is a strategic technological addition […]

ASSA ABLOY reports it has signed an agreement to acquire VHS Plastik Metal (VHS), a manufacturer of hardware systems for doors and windows based in Turkey. “I am very pleased to welcome VHS into the ASSA ABLOY Group. This constitutes an important next step in our strategy to grow market leadership in emerging markets,” says […]

ASSA ABLOY has acquired J Newton Enterprises Inc, a pedestrian door distributor and service company in Florida. “I am very pleased to welcome J Newton Enterprises into the ASSA ABLOY Group. This acquisition delivers on our strategy to reinforce our current offering within entrance automation,” said Nico Delvaux, president and CEO of ASSA ABLOY. “J […]

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 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 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 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 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, […]