Scienza e Tecnologia
ASSA ABLOY acquires B&B Roadway and Security Solutions in the US
"B&B Roadway and Security Solutions with its strong market position will further strengthen our geographic coverage in the U.S. I welcome the team to ASSA ABLOY and I am convinced that we together will continue our successful journey," says Massimo Grassi , Executive Vice President of ASSA ABLOY and Head of Entrance Systems Division.
B&B Roadway and Security Solutions was established in 1925 and has some 60 employees. The main office is located in McKinney, Texas , USA.
Sales for 2020 amounted to about MUSD 14 (approx. MSEK 120) 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
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/assa-abloy/r/assa-abloy-acquires-b-b-roadway-and-security-solutions-in-the-us,c3472384
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