ASSA ABLOY acquires Pedestal PRO in the US

"Pedestal PRO is an established innovator that seamlessly integrates design, architectural elements, and access control technology, and I am excited for them to be part of ASSA ABLOY," says Lucas Boselli, Executive Vice President of ASSA ABLOY and Head of the Americas Division. "Their product portfolio enhances our offering for electromechanical solutions and solidifies our position as a go-to partner for access control equipment manufacturers, system integrators, and security professionals." ...

STOCKHOLM, 17/04/2025 (informazione.news - comunicati stampa - information technology)

"Pedestal PRO is an established innovator that seamlessly integrates design, architectural elements, and access control technology, and I am excited for them to be part of ASSA ABLOY," says Lucas Boselli , Executive Vice President of ASSA ABLOY and Head of the Americas Division. "Their product portfolio enhances our offering for electromechanical solutions and solidifies our position as a go-to partner for access control equipment manufacturers, system integrators, and security professionals."

Pedestal PRO was founded in 2002 and has some 50 employees. The main office and factory are located in Lindon, Utah , USA.

Sales for 2024 amounted to about MUSD 11 (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, e-mail: bjorn.tibell@assaabloy.com

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