 | This article may contain excessive or inappropriate references to self-published sources. (September 2019) |
 | |
| Company type | Public |
|---|---|
| Nasdaq Stockholm: ASSA B | |
| ISIN | SE0007100581 |
| Industry | Manufacturing and services |
| Founded | 1994[1] |
| Headquarters | Stockholm, Sweden |
Key people | |
| Products | Locks, automatic and security doors |
| Revenue |  140.7 kr billion[2] (2023) |
| 22.18 kr billion[2] (2023) | |
| 13.64 kr billion[2] (2023) | |
| Total assets | 196.3 kr billion[2] (2023) |
| Total equity | 91.64 kr billion[2] (2023) |
Number of employees | 61,000[2] (2023) |
| Website | assaabloy |
Assa Abloy AB is a Swedish Group whose offerings include products and services related to locks, doors, gates, and entrance automation. Related products and services include controlling access and confirming identities with keys, cards, tags, mobile, and biometric identity verification systems.[3]
The company was formed in 1994, when Assa AB was separated from Swedish security firm Securitas AB. Shortly thereafter, Assa AB merged with the Finnish high security lock manufacturer Abloy Oy (based in Joensuu, a then subsidiary of the Finnish company Wärtsilä). The company was introduced to the Stockholm Stock Exchange later the same year. Assa Abloy has since made over 300 acquisitions including Yale, Chubb Locks, Medeco in the United States, Mul-T-Lock in Israel and Fichet-Bauche in France.[4] Its two largest shareholders are Latour and Melker Schörling AB.[5][6]
- ^ "Timeline". About. Assa Abloy. Retrieved 22 May 2018.
- ^ a b c d e f Assa Abloy: "Annual Report 2023"
- ^ "Annual Report 2018" (PDF). Investors. Assa Abloy. Retrieved 27 May 2019.
- ^ "Acquisitions". Investors. Assa Abloy. Retrieved 27 May 2019.
Assa Abloy has made over 200 acquisitions since the Group was formed in 1994, and has a target of 5 percent acquired growth over a business cycle
- ^ "Annual report 2023" (PDF). ASSA ABLOY. 11 March 2024. Retrieved 2 April 2024.