Information Technology
ASSA ABLOY acquires Gesellschaft für Sicherheitstechnik mbH in Germany
"I am delighted that GFS will join the ASSA ABLOY EMEIA Division. Their strong expertise in emergency exit security solutions aligns perfectly with our commitment to safety, innovation, and customer-centric solutions. We welcome the team at GFS to the ASSA ABLOY family", says Neil Vann , Executive Vice President of ASSA ABLOY and Head of EMEIA Division.
GFS was established in 1977 and has some 20 employees. The main office and factory are located in Hamburg, Germany .
Sales for 2024 amounted to about MEUR 12 (approx. MSEK 130) 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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