Information Technology
ASSA ABLOY acquires TeleAlarm Group in Germany
"TeleAlarm is a leading provider of remote care technology that combines hardware and software solutions, serving a broad range of customers across the social care and home care segment. TeleAlarm is an excellent addition to Global Solutions and, with its strong R&D capabilities and high-quality solutions, it will expand our core capabilities and offerings across the Senior Care business area. I look forward to working with TeleAlarms's successful and experienced team," says Stephanie Ordan, Executive Vice President and Head of Global Technologies business unit Global Solutions.
TeleAlarm was founded in 1956 and has some 70 employees. The main office is based in Leipzig, Germany . TeleAlarm will be part of Global Solutions business area Senior Care.
Sales for 2024 amounted to about MEUR 29 (approx. MSEK 330) with a good 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
This information was brought to you by Cision http://news.cision.com.
https://news.cision.com/assa-abloy/r/assa-abloy-acquires-telealarm-group-in-germany,c4151309
The following files are available for download:
View original content:https://www.prnewswire.co.uk/news-releases/assa-abloy-acquires-telealarm-group-in-germany-302457521.html