ASSA ABLOY acquires Kentix in Germany
"I am very pleased to welcome Kentix to ASSA ABLOY. This acquisition delivers on our strategy to add complementary products and solutions to our core business," says
"I am delighted that Kentix will join the EMEIA Division. Their strong expertise in access control products for data centers aligns well to our Digital & Access Solutions segment vision. Kentix will expand our capability in the fast-growing data center segment delivering an integrated, future-proof security solution that complements our portfolio and positions us well in this critical vertical. We welcome the team at Kentix to the ASSA ABLOY family," says
Kentix was established in 2008 and has some 40 employees. The main office and factory are located in
Sales for 2024 amounted to about MEUR 8 (approx. MSEK 90) with a good EBIT margin. The acquisition will be accretive to EPS from the start.
For more information, please contact:
Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72
Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68, e-mail: [email protected]
About ASSA ABLOY:
ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 63,000 employees and sales of
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/assa-abloy/r/assa-abloy-acquires-kentix-in-germany,c4250835
The following files are available for download:
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Press release (PDF) |
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Kentix 1 |
View original content:https://www.prnewswire.com/news-releases/assa-abloy-acquires-kentix-in-germany-302585982.html
SOURCE ASSA ABLOY
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