Assa Abloy AB - Company Profile
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Assa Abloy AB (ASSA) is a provider of security solutions. Its primary activities include the development and distribution of home security systems and advanced biometric technology. The company's product portfolio includes mechanical and digital locks, cylinders, keys, tags, security doors, and automated entrances. ASSA is associated with several brands such as ABLOY, Amarr, Tesa, Sargent, KAD, Mul-T-Lock, Yale, Lockwood, HID, Albany, Ameristar, Angel Metal, and Bruken. Its products and services are utilized by industries including businesses, governments, airports, hospitals, and schools. The company has its operations in the Americas (North America and South America), EMEA (Europe, Middle East and Africa) and Asia-Pacific. ASSA is headquartered in Stockholm, Sweden.
Assa Abloy AB premium industry data and analytics
Products and Services
Products | Brands |
---|---|
Mechanical and Electromechanical Locking: | ABLOY |
Mechanical Locks and Hardware | Amarr |
Electromechanical and Electronic Locks | Bruken |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Divestiture | In February, the company sold its PACA Ascenseurs elevator maintenance division to KONE in France. |
2024 | Contracts/Agreements | In January, the company entered into an agreement to acquire Amecor (Pty) Ltd, a manufacturer of security communication equipment. |
2024 | Acquisitions/Mergers/Takeovers | In January, the company announced the acquisition of Integrated Warehouse Solutions, a manufacturer of loading dock equipment. |
Competitor Comparison
Key Parameters | Assa Abloy AB | Stanley Black & Decker Inc | Fortune Brands Innovations Inc | Allegion Plc | Oppein Home Group Inc |
---|---|---|---|---|---|
Headquarters | Sweden | United States of America | United States of America | Ireland | China |
City | Stockholm | New Britain | Deerfield | Dublin | Guangzhou |
State/Province | - | Connecticut | Illinois | - | Guangdong |
No. of Employees | 56,845 | 50,500 | 11,729 | 12,200 | 24,527 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Carl Douglas | Vice Chairman | Executive Board | 2004 | 59 |
Nico Delvaux | Head - Global Technologies Division; Chief Executive Officer; President | Senior Management | 2018 | 58 |
Erik Pieder | Chief Financial Officer; Executive Vice President | Senior Management | 2019 | 56 |
Helle Bay | Chief Human Resources Officer; Executive Vice President | Senior Management | 2022 | 52 |
Johan Hjertonsson | Director | Non Executive Board | 2023 | 56 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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