Assa Abloy

October 18, 2024

ASSA ABLOY enters into an agreement to sell Citizen ID

ASSA ABLOY has signed an agreement to sell its Citizen ID business to TOPPAN. The Citizen ID business area of HID manufactures, designs, and implements physical and mobile identity solutions for government to citizen programs around the globe. Citizen ID has some 450 employees with manufacturing facilities in Ireland, Malta and the US. Sales in 2023 amounted to about SEK 1,300 M. "I find it very satisfying that with TOPPAN, Citizen ID and its employees and customers get a committed long-term owner, creating new opportunities for the future and I wish them every success,” says Nico

Read the whole post

Hexagon agrees sale of Design & Engineering business to Cadence for 2.7bn EUR

Hexagon
 — 
2025
.
09
.
04
Divesture advances portfolio focus, unlocks value and increases financial flexibilit Stockholm, Sweden – 4 September 2025 - Hexagon AB today announced that it has entered into a definitive agreement to sell its Design & Engineering business (“D&E”), which includes the business formerly known as MSC Software, to Cadence Design Systems, Inc. The transaction is consistent with Hexagon’s ongoing portfolio strategy to create focused market leading positions and sharpen future investment behind core business areas. Under the terms of the definitive agreement, Cadence will pay approximately 2.7bn
Read more →

Invitation to investor meeting for institutional investors and analysts

Nibe
 — 
2025
.
08
.
29
On Tuesday, September 9, 2025 at 3:00 PM CET, NIBE Industrier invites institutional investors and analysts to a conference call.
Read more →

Norbert Hanke appointed interim Chief Financial Officer for Hexagon

Hexagon
 — 
2025
.
08
.
29
Stockholm, Sweden – 29 August 2025 - Hexagon AB today announced that Norbert Hanke will succeed David Mills as interim Chief Financial Officer (CFO) for Hexagon with immediate effect. David’s departure is driven by personal reasons, and he will remain available to Hexagon as Financial Advisor until February 2026. A search for a new CFO is effective immediately, and the Company will update the market on this in due course. Norbert Hanke joined Hexagon in 2001, most recently serving as interim Chief Executive Officer. Prior to that he was Hexagon’s Chief Operating Officer and President of
Read more →
All News & Reports
SV | EN
Birger Jarlsgatan 13
|
111 45 Stockholm
|
|