Tag: Johan Molin
ASSA ABLOY acquires Lighthouse
March 25, 2016SSN Staff
STOCKHOLM—ASSA ABLOY on March 15 announced it acquired Lighthouse, a sectional door and docking distributor based in Charlotte, N.C.
"[The deal] reinforces the ASSA ABLOY Group's leadership in entrance automation, where our sales have grown from SEK 3 billion ($363 million) in 2008 to SEK 18 billion in 2015,” Johan Molin, president and CEO of ASSA ABLOY, said in a prepared statement.
"Lighthouse is a strategic step for us in the U.S.A. and we welcome the entire team to ASSA ABLOY Entrance...
ASSA ABLOY buys in Netherlands
December 23, 2015SSN Staff
STOCKHOLM—ASSA ABLOY will acquire IAI industrial systems B.V., and its subsidiaries, from its parent company DOCDATA N.V.
IAI specializes in security printing solutions for government ID, bank notes and other security solutions. "IAI is an important technological addition to the ASSA ABLOY Group. The company complements our current offering within secure identity solutions,” ASSA ABLOY president and CEO Johan Molin said in a prepared statement.
“The acquisition of IAI considerably...