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

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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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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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Hexagon completes sale of Design & Engineering business

Hexagon
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2026
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02
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Stockholm, Sweden, 23 February 2026 - Hexagon AB today announced the completion of the previously announced  (https://hexagon.com/company/newsroom/press-releases/2025/hexagon-agrees-sale-of-design--engineering-business-to-cadence-for-27bn-eur)sale of its Design & Engineering business (“D&E”) to Cadence Design Systems, Inc., for an aggregate purchase price of approximately 2.7bn EUR in cash and Cadence stock. The transaction is consistent with Hexagon’s ongoing portfolio strategy to create focused market-leading positions and channel investment into areas that bring greater synergies
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