Skip to Content

Tag: Nico Delvaux


Assa Abloy shows growth in Q3 results, commitment to HHI acquisition

Suppliers

Assa Abloy shows growth in Q3, commits to HHI acquisition

October 28, 2022Ken Showers, Managing Editor

STOCKHOLM – This week lock maker and security giant Assa Abloy presented its Q3 financial results, with strong growth despite signs of a market slowdown. The conference call opened with remarks from Assa Abloy President, CEO & Head, Global Technologies Division Nico Delvaux. The company experienced an organic sales growth of 14 percent which Delvaux credited to Entrance Systems and the America’s contributions, as well as Global Technologies. Net sales have increased 33 percent with...

Assa Abloy, Control iD, COVID, DHL, DoorBird, EBITDA, Emtek Products, intercom, Nico Delvaux, smart locks, Smart Residential, Third Fiscal Quarter, U.S. Department of Justice (DOJ)


Read Full Articlered right arrow icon

Assa Abloy preps business units for sale, issues official response to U.S. Department of Justice

Residential

ASSA ABLOY issues official response to U.S. Department of Justice

October 17, 2022Ken Showers, Managing Editor

WASHINGTON – Following a complaint filed by the U.S. Department of Justice (DoJ) blocking ASSA ABLOY's acquisition of Spectrum Brands' Holding Hardware and Home Improvement division, the company issued its response to the DoJ on Oct. 14, 2022. ASSA ABLOY confirmed that it has initiated the sales process for Emtek Products and their Smart Residential (Yale) business in the U.S. and Canada. ASSA ABLOY said that it is “vigorously contesting”...

Assa Abloy, Emtek Products, Jonathan Kanter, Nico Delvaux, Smart Residential, Spectrum Brand Holdings, U.S. Department of Justice (DOJ)


Read Full Articlered right arrow icon

ASSA ABLOY

Residential

ASSA ABLOY acquires Germany-based maker of DoorBird

October 7, 2022SSN Staff

STOCKHOLM—ASSA ABLOY announced it has acquired Bird Home Automation GmbH, a German manufacturer of high-quality IP door intercoms for single and multi-family buildings, and for indoor station or smartphone control, marketed under the trademark DoorBird. Terms were not disclosed. "I look forward to welcoming DoorBird and their employees into the ASSA ABLOY Group,” said Nico Delvaux, President and CEO of ASSA ABLOY. “DoorBird is a strategic technological addition to the...

Assa Abloy, Bird Home Automation, DoorBird, Neil Vann, Nico Delvaux, Sascha Keller, U.S. Department of Justice (DOJ)


Read Full Articlered right arrow icon

DoJ sues to stop Assa Abloy acquisition of Spectrum Brands Home & Hardware division

Residential

DoJ sues to stop Assa Abloy acquiring Spectrum Brands' Home & Hardware division

September 23, 2022Ken Showers, Managing Editor

WASHINGTON, D.C. – The U.S. Department of Justice (DoJ) has filed an antitrust lawsuit to block the proposed acquisition of Spectrum Brands' Holdings Home and Hardware Improvement division by its rival, Swedish conglomerate Assa Abloy. Assa Abloy and Spectrum make two out of three of the largest players in the residential door hardware community, an industry sector worth roughly $2.4 billion. In their complaint the DoJ alleged that the acquisition would eliminate...

antitrust, Assa Abloy, Jonathan Kanter, Nico Delvaux, smart locks, Spectrum Brand Holdings, U.S. Department of Justice (DOJ)


Read Full Articlered right arrow icon

ASSA ABLOY acquires B&B Roadway and Security Solutions

Suppliers

ASSA ABLOY acquires B&B Roadway and Security Solutions

December 17, 2021SSN Staff

STOCKHOLM—ASSA ABLOY, the global leader in access solutions, announced it has acquired B&B Roadway and Security Solutions, a manufacturer of roadway safety, traffic control and perimeter security solutions in the U.S. Terms of the deal were not disclosed. "I am very pleased to welcome B&B Roadway and Security Solutions into the ASSA ABLOY Group,” said Nico Delvaux, President and CEO of ASSA ABLOY. “I welcome this complementary business, specializing in innovative perimeter security." "B&B...

Assa Abloy, B&B, Roadway and Security Solutions, Massimo Grassi, Nico Delvaux


Read Full Articlered right arrow icon

General News

HID Global names Björn Lidefelt president and CEO

January 27, 2020SSN Staff

AUSTIN, Texas—HID Global, a worldwide leader in trusted identity solutions, announced today that Björn Lidefelt has been named company president and CEO.“I look forward to leading a dedicated and talented global workforce, focused on delivering industry-leading solutions to governments, universities, hospitals, financial institutions and some of the most innovative companies on the planet to create trusted physical and digital places,” Lidefelt said in the announcement.Lidefelt...

Assa Abloy, Björn Lidefel, CEO, HID Global, Nico Delvaux, president


Read Full Articlered right arrow icon