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ASSA ABLOY acquires Technology Solutions in the UK

"The acquisition of TSL expands HID's broad RFID portfolio with proven hardware and integration tools that extend our leadership in identification technologies," says Björn Lidefelt, Executive Vice President and Head of Global Technologies business unit HID Global. "The acquisition of TSL expands HID's broad RFID portfolio with proven hardware and integration tools that extend our leadership in identification technologies," says Björn Lidefelt, Executive Vice President and Head of Global...
STOCKHOLM, (informazione.news - comunicati stampa - scienza e tecnologia)

"The acquisition of TSL expands HID's broad RFID portfolio with proven hardware and integration tools that extend our leadership in identification technologies," says Björn Lidefelt, Executive Vice President and Head of Global Technologies business unit HID Global.

TSL was founded in 1994 and has some 25 employees. The main office is located in Loughborough, UK .

Sales in 2020 amounted to about MGBP 3 (approx. MSEK 30) with a good EBIT margin and 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

About ASSA ABLOY

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