ASSA ABLOY has signed an agreement to acquire VHS Plastik Metal (“VHS”), a leading manufacturer of hardware systems for windows and doors based in Turkey. "I am very pleased to welcome VHS into the ASSA ABLOY Group. This constitutes an important next step in our strategy to grow market leadership in emerging markets,” says Nico Delvaux, President and CEO of ASSA ABLOY. "We are very excited about the acquisition of VHS. This transaction is a step change to our existing trading business in Turkey and reinforces our long-term commitment to the local market. VHS offers a strong range of
