Securitas

September 13, 2024

Securitas sets provision related to U.S. Government investigation in Paragon Systems, Inc.

Securitas sets a provision of approximately MUSD 53 (MSEK 551) related to the U.S. Government investigation into Paragon Systems, Inc, a U.S.-based subsidiary within the business unit Securitas Critical Infrastructure Services. As previously communicated, the U.S. Government is conducting an investigation into Paragon Systems, Inc, a U.S.- based subsidiary operating under a proxy agreement as required by the U.S. authorities to be eligible for U.S. government business. The investigation relates to alleged misconduct by certain former employees and to Paragon’s relationship with various small

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Hexagon acquires industrial AI capabilities to improve asset monitoring

Hexagon
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2025
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12
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16
Stockholm, Sweden, 16 December 2025 – Hexagon AB today announced the acquisition of IconPro, a German industrial AI solutions provider specialising in intelligent asset maintenance. Apollo, developed by IconPro, provides intelligent maintenance software which remotely monitors machine operations, conditions and events. Integrating these capabilities into Hexagon’s existing metrology solutions will enable intelligent CMM maintenance, reducing downtime, and so improving productivity, quality and speed of production. The integration of IconPro’s technology will enable Hexagon to offer
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ASSA ABLOY acquires Sargent and Greenleaf in the US

Assa Abloy
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2025
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12
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05
ASSA ABLOY has acquired Sargent and Greenleaf, a US manufacturer of high-security mechanical and electronic locking solutions and safe hardware. "I am very pleased to welcome Sargent and Greenleaf 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. “Sargent and Greenleaf has set the benchmark for high-security locking solutions with decades of proven innovation and trusted performance,” says Lucas Boselli,
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ASSA ABLOY acquires International Door Products in the US

Assa Abloy
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2025
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11
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24
ASSA ABLOY has acquired International Door Products (“IDP”), a US manufacturer of standard and custom fire-rated steel door frames. "I am very pleased to welcome IDP 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. "This acquisition marks an exciting milestone for ASSA ABLOY Opening Solutions Americas as we welcome International Door Products Inc. into our family," says Lucas Boselli, Executive Vice
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