Skip to Content

Tag: Assa Abloy


Also Noted

Ajax Systems and Yale announce partnership

February 23, 2024SSN Staff

KYIV, Ukraine – Ajax Systems, a European security systems manufacturer, has unveiled its partnership with ASSA ABLOY Group member Yale, a smart home security solutions provider. In a release Ajax said that this partnership enhances its users’ convenience, allowing them to manage Yale Smart Locks directly from the Ajax Security System app. Through a Cloud-to-Cloud connection, users can lock and unlock their doors and check lock status within the app. The integration offers advanced...

Ajax Systems, Assa Abloy, Manufacturer, security systems, smart home, YALE


Read Full Articlered right arrow icon

Monitoring Matters

Cupid de Locke

February 14, 2024Ken Showers, Managing Editor

It’s Valentine's Day and I’d love to mention that I have a sweetheart of a topic to share this week, but I’m sorry to say it’s left me a little brokenhearted. Since the beginning of February, I’ve been watching a lot of Q4 2023 reports roll out and while we can still safely call it the year of AI, it’s also the year of the residential security market falling flat on its face. I talked about this a bit in my last blog post where I discussed ADT...

ADT, Assa Abloy, Jay Geldmacher, Residential Security, Resideo


Read Full Articlered right arrow icon

ASSA ABLOY sees strong performance in commercial, but residential still challenging

Residential

ASSA ABLOY sees strong performance in commercial, but residential still challenging

February 7, 2024Ken Showers, Managing Editor

STOCKHOLM – While ASSA ABLOY reported strong gains in its commercial business in the fourth quarter, there's a clear drag on profits in its residential business. It was a strong quarter in many respects for the global manufacturing company, managing a total of six acquisitions in the quarter, and a record number of acquisitions for the year. Several of those acquisitions were in the South American market, where ASSA ABLOY President and CEO Nico Delvaux said the company continues...

Assa Abloy, biometrics, Fourth Quarter (Q4), HID Global, Mergers & Acquisitions, Nico Delvaux, Residential, Spectrum Brands’ Hardware and Home improvement division (HHI)


Read Full Articlered right arrow icon

Also Noted

ASSA ABLOY acquires Amecor, sets date for Q4 report

January 29, 2024SSN Staff

STOCKHOLM – ASSA ABLOY has signed an agreement to acquire Amecor (Pty) Ltd, a South African manufacturer of security communications equipment. "I am very pleased to welcome Amecor into the ASSA ABLOY Group. This constitutes a next step in our strategy to further strengthen our position in this important market,” said Nico Delvaux, president and CEO of ASSA ABLOY. "The Amecor team has a 30-year history in the South African security sector with a suite of reliable...

Amecor, Assa Abloy, Mergers & Acquisitions, Neil Vann, Nico Delvaux, Security communications


Read Full Articlered right arrow icon

ASSA ABLOY acquires Securitech Group

Commercial

ASSA ABLOY acquires Securitech Group

October 4, 2023SSN Staff

NEW YORK – ASSA ABLOY has acquired the Securitech Group, a manufacturer of high-security mechanical and electronic door hardware products in the U.S. "I am very pleased to welcome Securitech into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” said Nico Delvaux, president and CEO of ASSA ABLOY. Securitech was established in 1983 and has roughly...

Assa Abloy, electronic door, Evolis, Inovadoor Portas Industriais Ltda, Lucas Boselli, Nico Delvaux, Securitech, Security


Read Full Articlered right arrow icon

Also Noted

ASSA ABLOY acquires Brazil-based Inovadoor

October 3, 2023SSN Staff

STOCKHOLM—ASSA ABLOY announced it has acquired Inovadoor Portas Industriais Ltda, a Brazilian manufacturer of sectional and high-speed doors. "I am very pleased to welcome Inovadoor into the ASSA ABLOY Group. This acquisition delivers on our strategy to reinforce our current offering within entrance automation in emerging markets,” said Nico Delvaux, president and CEO of ASSA ABLOY. “By leveraging Inovadoor’s local manufacturing capabilities, nationwide reach, and exceptional...

Assa Abloy, Inovadoor Portas Industriais Ltda, Massimo Grassi, Nico Delvaux


Read Full Articlered right arrow icon

ASSA ABLOY holds Q2 presentation, announces acquisition of Evolis

Residential

ASSA ABLOY holds Q2 presentation, announces acquisition of Evolis

July 19, 2023Ken Showers, Managing Editor

STOCKHOLM – ASSA ABLOY preempted its second fiscal quarter 2023 presentation with the news that the company would be acquiring Evolis through its subsidiary HID Global. The news came roughly an hour before the company’s quarterly presentation detailing their intent to purchase approximately 98.5 percent of shares from the French manufacturer of ID card printers and consumables. "This operation is a tremendous development opportunity for our two groups," Evolis CEO Emmanuel Picot...

2023, Assa Abloy, Björn Lidefelt, Emmanuel Picot, Evolis, HID Global, Nico Delvaux, Second Quarter (Q2), Spectrum Brands’ Hardware and Home improvement division (HHI)


Read Full Articlered right arrow icon

Monitoring Matters

The hoi polloi, according to ABLOY

July 19, 2023Ken Showers, Managing Editor

I just finished up ASSA ABLOY’s second quarter presentation and they’re still powering on with a new acquisition to sweeten the pot, but those darn residential numbers continue to be a thorn in their side. Bearing that in mind the title of today’s blog is a little tongue in cheek, it's not the little people causing all that softness in the residential market, at least not to the degree that it's currently suffering, that’s a multi-aspected hydra that’s global...

Assa Abloy, door locks, Evolis, HID Global, Nico Delvaux, Physical Access, Residential


Read Full Articlered right arrow icon

Also Noted

ASSA ABLOY announces Q2 presentation

July 14, 2023SSN Staff

YARMOUTH, Maine – Access control and security conglomerate ASSA ABLOY has issued an invitation to interested parties to join the presentation of its second financial quarter results 2023 report. The presentation is scheduled to be held on Wednesday, July 19, at 08:00 a.m. CEST. The company wrote that a conference call and webcast will be held following the release of the results, starting at 9:30 a.m. CEST and continuing until 10:30 a.m. CEST. The presentation will be hosted...

Assa Abloy, Erik Pieder, Financial Results, Nico Delvaux, Second Quarter (Q2), Security


Read Full Articlered right arrow icon

Also Noted

Verkada issues updates to Command product platform

June 9, 2023SSN Staff

SAN MATEO, Calif. – Verkada, provider of cloud-managed enterprise building security and management, announced expansive updates across its entire Command product platform. In a release issued by the company, those updates included: enhanced video search, Verkada's next-generation indoor mini dome camera and expanded dome camera line, Verkada's next-generation alarm console, expanded capabilities for Verkada's Intercom, integration with ASSA ABLOY, enhanced air quality monitoring...

Assa Abloy, Brandon Davito, Cloud-managed, Enterprise building security, Verkada


Read Full Articlered right arrow icon