AAK

July 19, 2022

AAK’s Interim report for the second quarter 2022 – strong quarter despite high volatility and a demanding macro-economic climate

AAK Group · Total volumes increased by 1 percent, to 554,000 MT (550,000). · Operating profit, excluding items affecting comparability (adjusted operating profit), but including a positive currency translation impact of SEK 84 million, increased by 15 percent, reaching SEK 624 million (541). At fixed foreign exchange rates, operating profit was flat. · AAK reported an item affecting comparability (IAC), a cost of SEK 350 million, related to the decision to exit the Russian market. · Profit for the period amounted to SEK 160 million (103). Excluding IAC, profit for the period

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ASSA ABLOY acquires Sentinel Dock & Door in Canada

Assa Abloy
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2026
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06
.
02
ASSA ABLOY has acquired Sentinel Dock & Door (“Sentinel”), a commercial dock and door service company based in Canada. "I am very pleased to welcome Sentinel 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. "The acquisition of Sentinel significantly strengthens our direct channel presence, including service, and broadens our footprint across Canada. With their strong, service-oriented business and well-
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NIBE to acquire the business of Italian Beltrami Felice S.r.l. as a going concern

Nibe
 — 
2026
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05
.
28
NIBE Industrier AB (publ) has entered into an agreement to acquire the business of Italian Beltrami Felice S.r.l. as a going concern through an asset purchase transaction.
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Commercial Kitchen wins major order in South Korea

Absolent
 — 
2026
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05
.
27
Commercial Kitchen business area, part of Absolent Air Care Group, has won its largest order to date in the South Korean market, covering 200 AirMaid® units. The order will suppo...
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