Latest news with #NicoDelvaux
Yahoo
04-06-2025
- Business
- Yahoo
ASSA ABLOY acquires Kingspan Door Components in Belgium
STOCKHOLM, June 4, 2025 /PRNewswire/ -- ASSA ABLOY has acquired Kingspan Door Components, a Belgian manufacturer offering a large range of high-quality door panels for sectional doors for both residential and industrial applications. "I am very pleased to welcome Kingspan Door Components to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY. "Integrating Kingspan Door Components into the Entrance Systems Division allows us to expand our innovative and competitive component portfolio. This will enable us to provide our customers with an even broader selection of high-quality sectional door panels," says Massimo Grassi, Executive Vice President of ASSA ABLOY and Head of Entrance Systems Division. Kingspan Door Components was founded in 1983 and has some 70 employees. The main office and factory are located in Leuze-En-Hainaut, Belgium. Kingspan Door Components will be part of Sectional Doors and Components in the business segment Industrial within the Entrance Systems Division. Sales for 2024 amounted to about MEUR 25 (approx. MSEK 290). The acquisition will initially be dilutive to EPS. For more information, please contact: Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82Erik 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: About ASSA ABLOY ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 63,000 employees and sales of SEK 150 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places. This information was brought to you by Cision The following files are available for download: Press release (PDF) kingspan-door-components-photo-panels View original content: SOURCE ASSA ABLOY Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-06-2025
- Business
- Yahoo
ASSA ABLOY acquires Kingspan Door Components in Belgium
STOCKHOLM, June 4, 2025 /PRNewswire/ -- ASSA ABLOY has acquired Kingspan Door Components, a Belgian manufacturer offering a large range of high-quality door panels for sectional doors for both residential and industrial applications. "I am very pleased to welcome Kingspan Door Components to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY. "Integrating Kingspan Door Components into the Entrance Systems Division allows us to expand our innovative and competitive component portfolio. This will enable us to provide our customers with an even broader selection of high-quality sectional door panels," says Massimo Grassi, Executive Vice President of ASSA ABLOY and Head of Entrance Systems Division. Kingspan Door Components was founded in 1983 and has some 70 employees. The main office and factory are located in Leuze-En-Hainaut, Belgium. Kingspan Door Components will be part of Sectional Doors and Components in the business segment Industrial within the Entrance Systems Division. Sales for 2024 amounted to about MEUR 25 (approx. MSEK 290). The acquisition will initially be dilutive to EPS. For more information, please contact: Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82Erik 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: About ASSA ABLOY ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 63,000 employees and sales of SEK 150 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places. This information was brought to you by Cision The following files are available for download: Press release (PDF) kingspan-door-components-photo-panels View original content: SOURCE ASSA ABLOY Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
ASSA ABLOY acquires TeleAlarm Group in Germany
STOCKHOLM, May 16, 2025 /PRNewswire/ -- ASSA ABLOY has acquired TeleAlarm Group ('TeleAlarm'), a European provider of remote care technology that combines hardware and software solutions, enabling independent living across the social care and home care segment, based in Germany. "I am very pleased to welcome TeleAlarm into ASSA ABLOY, an exciting technological addition that will reinforce our current offering within the Senior Care business area, and provide complementary growth opportunities," says Nico Delvaux, President and CEO of ASSA ABLOY. "TeleAlarm is a leading provider of remote care technology that combines hardware and software solutions, serving a broad range of customers across the social care and home care segment. TeleAlarm is an excellent addition to Global Solutions and, with its strong R&D capabilities and high-quality solutions, it will expand our core capabilities and offerings across the Senior Care business area. I look forward to working with TeleAlarms's successful and experienced team," says Stephanie Ordan, Executive Vice President and Head of Global Technologies business unit Global Solutions. TeleAlarm was founded in 1956 and has some 70 employees. The main office is based in Leipzig, Germany. TeleAlarm will be part of Global Solutions business area Senior Care. Sales for 2024 amounted to about MEUR 29 (approx. MSEK 330) with a good EBIT margin. The acquisition will be accretive to EPS from the start. For more information, please contact:Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68, e-mail: About ASSA ABLOY ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 63,000 employees and sales of SEK 150 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places. This information was brought to you by Cision The following files are available for download: Press release (PDF) TeleAlarm image View original content:
Yahoo
17-04-2025
- Business
- Yahoo
ASSA ABLOY acquires Pedestal PRO in the US
STOCKHOLM, April 17, 2025 /PRNewswire/ -- ASSA ABLOY has acquired Pedestal PRO, a US manufacturer of access control pedestals, bollards, and innovative mounting solutions. "I am very pleased to welcome Pedestal PRO into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY. "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. For more information, please contact: Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82Erik 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: About ASSA ABLOY ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 63,000 employees and sales of SEK 150 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places. This information was brought to you by Cision The following files are available for download: Press Release (PDF) Pedestal Pro image View original content:
Yahoo
17-03-2025
- Business
- Yahoo
ASSA ABLOY publishes its Annual report 2024
STOCKHOLM, March 17, 2025 /PRNewswire/ -- ASSA ABLOY, the global leader in access solutions, has today published its Annual Report 2024. The report can be found on the Group's website: "We can look back at a successful year in which ASSA ABLOY reached several milestones," says Nico Delvaux, President & CEO of ASSA ABLOY. "In a challenging market we delivered record earnings with the operating margin in line with our financial target. We achieved our Scope 1 & 2 carbon emission reduction target one year ahead of plan. During the year, we also celebrated the 30th anniversary of ASSA ABLOY and its remarkable journey. ASSA ABLOY is the global leader in access solutions and with continued focus and investments in innovation, we have a favorable position from which we will continue to lead our industry going forward." The annual report includes ASSA ABLOY's first Corporate Sustainability Report Directive (CSRD), one year ahead of the mandatory requirement. The CSRD report provides further details on ASSA ABLOY's work on sustainability including key outcomes in 2024. For more information, please contact: Björn Tibell, Investor Relations, tel. no: +46 70 275 67 68 Christiane Belfrage, Corporate Communications, +46 8 506 485 10 This information is information that ASSA ABLOY AB is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 10:00 CET on 17 March 2025. About ASSA ABLOY ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 63,000 employees and sales of SEK 150 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places. This information was brought to you by Cision The following files are available for download: Press release (PDF) 2024 Annual report ENG View original content: Sign in to access your portfolio
