Information Technology
ASSA ABLOY acquires Senior Architectural Systems in the UK
"SAS is an exciting addition to our UK business, and I am delighted to welcome the team to ASSA ABLOY," says Neil Vann , Executive Vice President of ASSA ABLOY and Head of EMEIA Division. "SAS offers an innovative and high-quality range of window and door profile systems including market leading thermally efficient technology. Their portfolio will further extend the ASSA ABLOY offering in the commercial OEM market in the UK."
SAS was established in 1991 and has some 150 employees. The main office and factory are located in Yorkshire, UK .
Sales for 2024 amounted to about MGBP 50 (approx. MSEK 680) with a strong EBIT margin. The acquisition will be accretive to EPS from the start.
Nico Delvaux , President and CEO, tel. no: +46 8 506 485 82
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: bjorn.tibell@assaabloy.com
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