Assa Abloy

October 21, 2020

Quarterly Report Q3 2020

Strong recovery in the quarter Third quarter · Net sales decreased by 8% to SEK 22,225 M (24,034), with organic growth of –5% (4) and acquired net growth of 4% (4) · Entrance Systems reported organic sales growth, while EMEA reported stable organic sales development. Global Technologies, Asia Pacific and Americas reported negative organic sales growth. All divisions were strongly negatively affected by Covid-19 · Sales and income for agta record are fully consolidated into the Group from 31 August 2020 · Operating income (EBIT[1])[ ]decreased by 8% to SEK 3,593 M (3,894),

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ASSA ABLOY acquires Sentinel Dock & Door in Canada

Assa Abloy
 — 
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
.
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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