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),

Read the whole post

ASSA ABLOY acquires PACLOCK in the US

Assa Abloy
 — 
2026
.
09
.
16
ASSA ABLOY has acquired Pacific Lock Company (“PACLOCK”), a US padlock and security hardware manufacturer. "I am very pleased to welcome PACLOCK 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. "PACLOCK is recognized for delivering high-quality security products that combine reliability, durability, and innovation, backed by US-based manufacturing and exceptional customer service," says Lucas Boselli,
Read more →

Hexagon completes acquisition of ZG Technology

Hexagon
 — 
2026
.
09
.
07
Hexagon has acquired the remaining 49 per cent of Wuhan ZG Automation Technology Co., Ltd ("ZG Technology"), bringing its ownership of the Wuhan-based 3D scanning specialist to 100 per cent. Hexagon acquired a 51 per cent majority stake in August 2021 and has consolidated ZG within its Manufacturing Intelligence Business Area since that time. Founded in 2014 and built on the photogrammetry and remote sensing disciplines of Wuhan University, ZG develops handheld 3D scanning technology, with a portfolio developed in-house and supported by its own software copyrights and patents. Its scanners
Read more →

Securitas AB upgraded to ‘BBB+’ by Standard & Poor’s Global Ratings

Securitas
 — 
2026
.
08
.
28
Securitas AB was today upgraded to ‘BBB+’ with stable outlook. Based on lower leverage, strong performance and revised financial targets, S&P’s Global Ratings has upgraded its long-term credit rating on Securitas to ‘BBB+’ from ‘BBB’. The outlook is stable. Further information: Investors: Micaela Sjökvist, VP IR; +46 76 1167443, micaela.sjokvist@securitas.com
Read more →
All News & Reports
SV | EN
Birger Jarlsgatan 13
|
111 45 Stockholm
|
|