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Assa Abloy

ASSA ABLOY set to buy two in the US

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Wednesday, May 9, 2018

NEW HAVEN, Conn.—ASSA ABLOY recently announced agreements to purchase two U.S.-based door and frame manufacturers: Pioneer Industries, based in Carlstadt, N.J., and Concept Frames Inc., based in Newton, N.C.

"The addition of Pioneer allows us to fortify our steel door and frame offering in the US and in particular the Atlantic region," Lucas Boselli, executive vice president of ASSA ABLOY and head of the Americas division, said in a prepared statement.

Pioneer will continue to be led by its current management team. Pioneer was founded in 1930 and currently has about 100 employees. The head office and factory are located in Carlstadt, N.J.

The Pioneer acquisition is conditional upon satisfaction of customary closing conditions and is expected to close during the second quarter of 2018, ASSA ABLOY noted in its announcement.

Concept frames has a focus on custom-made steel doors and frames for commercial and industrial applications. "I am very pleased to welcome Concept Frames into the ASSA ABLOY Group,” Boselli said in a separate announcement. “Concept Frame is a complementary addition to ASSA ABLOY and adds to our leadership in the door and frame category in North America.”

Concept Frames has expertise in customer service, project specifications and quick delivery, primarily covering the southeast region of the US, ASSA ABLOY noted in its announcement. The company was founded in 1982 and has approximately 68 employees; its head office and factory are located in Newton, N.C.

ASSA ABLOY Americas names new president

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04/05/2018

NEW HAVEN, Conn.—ASSA ABLOY announced this week that Lucas Boselli succeeds Thanasis Molokotos as president of the Americas division and executive vice president—head of Americas for ASSA ABLOY, effective April 2.

ASSA ABLOY Academy launches to help security professionals

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03/22/2018

NEW HAVEN, Conn.—ASSA ABLOY recently announced the launch of ASSA ABLOY Academy, a consolidation of its robust training programs that enable security professionals to be more effective at their job of protecting both people and places.

Integrating sustainability as a solution for protecting people, places and the planet

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02/28/2018

In today’s built environment—be it new construction or retrofit—project teams are increasingly designing toward specific goals for their buildings. A major trend within these goals is sustainability.

ASSA ABLOY: An innovation and sustainability leader

Recent tour of company’s HQ and solar farm provides glimpse into its culture and vision
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12/20/2017

NEW HAVEN, Conn.—For a company like ASSA ABLOY, it would be easy to rest on its laurels as a leader in the lock and intrusion business for nearly 25 years. But that is not the case with this international company that was formed in 1994 through the merger of ASSA in Sweden and Abloy in Finland. Since then, the company has grown from a regional entity into an international group with approximately 47,000 employees and annual sales of more than $8 billion.

Yale provides a smart lock solution for Amazon Key

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11/01/2017

BERLIN, Conn.—Yale Locks & Hardware recently teamed up with Amazon on a new service exclusively for Prime members called Amazon Key, which enables in-home delivery and secure home access for guests and service appointments.

ASSA ABLOY acquires August Home in the US

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10/19/2017

STOCKHOLM—ASSA ABLOY has signed an agreement to acquire August Home, a leading smart lock business in the U.S.

HID Global acquires Bluvision

Deal expands company’s Bluetooth solutions for the enterprise IoT market
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12/19/2016

AUSTIN, Texas—HID Global, a company that specializes in identity solutions, has acquired Bluvision, a Bluetooth Low Energy (BLE) provider in the enterprise Internet of Things (IoT) market. The deal closed Dec. 1, and financial terms were not disclosed.

ASSA ABLOY acquires Lighthouse

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03/25/2016

STOCKHOLM—ASSA ABLOY on March 15 announced it acquired Lighthouse, a sectional door and docking distributor based in Charlotte, N.C.

ASSA ABLOY buys in Netherlands

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12/23/2015

STOCKHOLM—ASSA ABLOY will acquire IAI industrial systems B.V., and its subsidiaries, from its parent company DOCDATA N.V.

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