ASSA ABLOY to acquire Gunnebo Entrance Control
"I look forward to welcoming the Gunnebo Entrance Control team to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business," says
"Gunnebo Entrance Control's well-established entrance control portfolio, strong team, and deep industry expertise will enhance and complement our current offering in pedestrian access solutions," says
Formed in 1995, with a history dating back to 1764, the company has around 670 employees. The company is headquartered in Maresfield,
Sales for 2025 amounted to about MEUR 151 (approx. MSEK 1,670) with a good EBIT margin. The acquisition will initially have a small dilutive effect on EPS.
The acquisition is subject to regulatory approval and customary closing conditions and is expected to close during the fourth quarter of 2026.
For more information, please contact:
Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72
Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68, E-mail: [email protected]
About ASSA ABLOY
ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 64,000 employees and sales of SEK 152 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places.
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/assa-abloy/r/assa-abloy-to-acquire-gunnebo-entrance-control,c4379298
The following files are available for download:
Press release (PDF) | |
https://news.cision.com/assa-abloy/i/gunnebo-speedstile-office-building-image,c3555399 | Gunnebo Speedstile office building image |
View original content:https://www.prnewswire.com/news-releases/assa-abloy-to-acquire-gunnebo-entrance-control-302840968.html
SOURCE ASSA ABLOY
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