Information Technology
ASSA ABLOY acquires Premier Steel Doors and Frames in the US
"Premier is a well-known and respected steel door and frame manufacturer, and I'm excited for them to join our division," says Lucas Boselli , Executive Vice President of ASSA ABLOY and Head of the Americas Division. "This acquisition complements our current product portfolio, strengthens our presence in the southern US, and enhances our expertise in solutions for metal buildings."
Premier was founded in 1964 and has some 90 employees. The main office and factory are located in Monroe, Louisiana , USA.
Sales for 2023 amounted to about MUSD 40 (approx. MSEK 420) 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
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https://news.cision.com/assa-abloy/r/assa-abloy-acquires-premier-steel-doors-and-frames-in-the-us,c4073926
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