ASSA ABLOY acquires U.S.-based InVue
By SSN Staff
Updated 4:32 PM CST, Wed January 29, 2025
STOCKHOLM—ASSA ABLOY recently announced the acquisition of InVue, a U.S.-based provider of precision-engineered connected asset protection and access control solutions.
InVue enables tailor-made security solutions to a broad spectrum of industries and retailers. The company was founded in 1986 and has some 260 employees, with its main office located in Charlotte, N.C.
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"I am very pleased to welcome the InVue team to ASSA ABLOY. This acquisition delivers on our strategy to grow our business through adding complementary products and solutions to our core business,” said Nico Delvaux, president and CEO of ASSA ABLOY.
“InVue is a global technology provider at the forefront of innovative security solutions for protecting assets in the retail business. InVue is an excellent addition to Global Solutions, the acquisition will expand our core capabilities across access control and asset protection globally. I look forward to working with InVue’s successful and experienced team” added Stephanie Ordan, executive vice president and head of global technologies business unit global solutions.
Sales for InVue in 2024 amounted to about MUSD 165 (approx. MSEK 1,850) with a strong EBIT margin. The acquisition will be accretive to EPS from the start.
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