Scienza e Tecnologia
ASSA ABLOY acquires Sure-Loc in the USASSA ABLOY acquires Sure-Loc in the US
"The acquisition of Sure-Loc complements our mechanical hardware portfolio, supporting our ambitions to grow our residential business in the US," says Lucas Boselli , Executive Vice President of ASSA ABLOY and Head of the Americas Division. "Sure-Loc's reputation for quality products and excellent customer service reflect our values and I'm excited for them to become part of ASSA ABLOY."
Sure-Loc was established in 2002 and has some 45 employees. The main office is located in Salt Lake City , USA .
Sales for 2020 amounted to about 14 MUSD (approx. 120 MSEK) with a good EBIT margin. The acquisition will be accretive to EPS from 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
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/assa-abloy/r/assa-abloy-acquires-sure-loc-in-the-usassa-abloy-acquires-sure-loc-in-the-us,c3351167
The following files are available for download: