AAK

July 16, 2021

AAK’s Interim report for the second quarter 2021 – record-high second quarter despite continued volatility and uncertainty

AAK Group · Total volumes increased by 14 percent, to 550,000 MT (481,000). · Operating profit, excluding items affecting comparability (adjusted operating profit) but including a negative currency translation impact of SEK 37 million, increased by 32 percent, reaching SEK 541 million (411). · AAK reported an item affecting comparability (IAC) of SEK 304 million, related to the proposed optimization of the company’s European bakery business. SEK 203 million of this has a non-cash flow impact. · Profit for the period amounted to SEK 103 million (324). Excluding IAC and related

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Hexagon appoints board for Octave

Hexagon
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2026
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03
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12
Stockholm, Sweden, 12 March 2026 - Hexagon AB today announced the appointment of the board of directors of its potential spin-off company, Octave Intelligence plc. The Octave Board brings together senior leaders with experience building and operating global technology platforms, scaling enterprise software businesses, strengthening operational resilience, and governing public companies across industrial and digital markets: Brett D. Watson, Chair of the Board of Directors is President of Koch Equity, LLC, overseeing several Koch-affiliated investment groups and their diverse global
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ASSA ABLOY acquires Sam’s Garage Doors in Canada

Assa Abloy
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2026
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03
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04
ASSA ABLOY has acquired Sam’s Garage Doors, a distributor, installer, and servicer of various door products and a manufacturer of gate products, based in Canada. "I am very pleased to welcome Sam’s Garage Doors 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. "Through the acquisition of Sam’s Garage Doors we strengthen our position in Western Canada and expand our service reach across the greater Vancouver
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ASSA ABLOY acquires Sennco Solutions in the US

Assa Abloy
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2026
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03
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03
ASSA ABLOY has acquired Sennco Solutions (“Sennco”), a US provider of asset protection technology and solutions for retail security within primarily the health and beauty segment. "I am very pleased to welcome Sennco into ASSA ABLOY, an exciting technological addition that will reinforce our current offering within the Retail business area, and provide complementary growth opportunities,” says Nico Delvaux, President and CEO of ASSA ABLOY. “Sennco is a provider of retail security solutions to a broad range of customers across the health and beauty retail segment. Sennco is an
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