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Assa Abloy

November 12, 2020

ASSA ABLOY´s divestiture of CEDES in Switzerland to capiton AG completed

ASSA ABLOY has closed the sale of its sensor technology business CEDES in Switzerland to capiton AG. CEDES is a leading sensor technology company in the elevator and door industry. CEDES was established in 1986 and has some 320 employees. The company is headquartered in Landquart, Switzerland. Sales in 2019 amounted to about 51 MEUR. The transaction will have a neutral effect on ASSA ABLOY´s operating margin. The divestiture will be de-consolidated from ASSA ABLOY as of November 2020. For more information, please contact: Nico Delvaux, President and CEO, tel. no: +46 8 506

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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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