ASSA ABLOY acquires Senior Architectural Systems in the UK
ASSA ABLOY has acquired Senior Architectural Systems ("SAS"), an independent supplier of innovative aluminium windows, doors and curtain wall systems and thermally efficient fenestration systems into the commercial construction sector in the UK.
"I am very pleased to welcome SAS to ASSA ABLOY. This acquisition delivers on our strategy to add complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY.
“SAS is an exciting addition to our UK business, and I am delighted to welcome the team to ASSA ABLOY, says Neil Vann, Executive Vice
Read more →Hexagon AB’s Nomination Committee proposes the election of Tomas Eliasson as a new member of the Board of Directors
Hexagon AB’s Nomination Committee proposes the election of Tomas Eliasson as a new independent member of Hexagon’s Board of Directors at the Annual General Meeting (AGM) on 5 May 2025. It also announces that John Brandon has informed the Nomination Committee that he will be unavailable for re-election to Hexagon’s Board of Directors in 2025.
Tomas Eliasson brings extensive expertise in finance and accounting, having previously served as CFO of Seco Tools, Assa Abloy, Electrolux and most recently Sandvik. Tomas Eliasson has a B.Sc in Business Administration and Economics from Uppsala
Read more →ASSA ABLOY acquires Wallace & Wallace and Wallace Perimeter Security in Canada
ASSA ABLOY has acquired Wallace & Wallace and Wallace Perimeter Security, a Canadian manufacturer, distributor and installer of perimeter fencing, door and gate solutions for the commercial and residential markets.
"I am very pleased to welcome Wallace & Wallace 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,” says Nico Delvaux, President and CEO of ASSA ABLOY.
"By acquiring Wallace & Wallace, we are enhancing and complementing our Perimeter
Read more →Hexagon prepares for the spin-off of its Asset Lifecycle Intelligence division and related businesses
Hexagon AB (Nasdaq Stockholm: HEXA B) announces that the Board of Directors, after a comprehensive assessment, has directed management to prepare for the separation of its Asset Lifecycle Intelligence (“ALI”) division and related businesses (“NewCo”) by way of a Lex Asea distribution (or “spin-off”) to its shareholders, as previously announced on 25[th] October 2024. The Board intends to propose the distribution and listing of NewCo’s shares at a shareholder's meeting in early 2026, provided that the circumstances are deemed right at the time.
Reflecting the geographical focus of NewCo’
Read more →Absolent Air Care Group Year-end report 2024
October-December 2024
• Net sales amounted to SEK 344.1 (341.9) million, which corresponds to a growth of 0.6 (0.5) %.
• Operating result before amortizations and depreciations...
Read more →Securitas issues an inaugural 7.25-year MEUR 300 sustainability-linked bond
Securitas AB has today successfully closed a MEUR 300 sustainability-linked bond in the Eurobond market with a maturity in 2032. The coupon was 3.375 percent including a margin of 110 basis points.
The proceeds will be used to refinance existing debt and for general corporate purposes.
The joint lead managers were BBVA, Citi, ING, KBC and SEB. ING acted as Sustainability Structuring Advisor.
Further information:
Investors: Micaela Sjökvist, Vice President, Investor Relations,
+46 76 116 7443, micaela.sjokvist@securitas.com
Read more →HEXPOL acquires 80 percent of the shares in Kabkom Kimya Sanayi ve Ticaret Anonim Şirketi
HEXPOL has signed an agreement to acquire 80 percent of the shares in Kabkom Kimya Sanayi ve Ticaret Anonim Şirketi (Kabkom) from the founders Mr. Erdem Eker, Mr. Özgür İpek and Mr. Bekir Güler.
Kabkom was founded in 2011 and has grown to become the largest independent cable compounder in Turkey. The company specializes in high-performance thermoplastic and thermoset cable compounds for the fast growing cable market and serves a wide selection of international and domestic customers. Kabkom operates a brand new state of the art manufacturing facility outside Izmir, Turkey with 70
Read more →NIBE Industrier’s (publ) CEO and MD, Gerteric Lindquist, comments on the Year-end Report, 2024
A year characterized by several challenges but with clear signs of improvements in a market that remains slightly cautious
Read more →Securitas AB Full Year Report 2024 | January–December
October–December 2024
· Total sales MSEK 41 794 (39 542)
· Organic sales growth 4 percent (6)
· Real sales growth within technology and solutions 6 percent (6)
· Operating income before amortization MSEK 3 036 (2 683)
· Operating margin 7.3 percent (6.8)
· Earnings per share, SEK 2.86 (2.11)
· Earnings per share before IAC, SEK 3.05 (2.44)
· Cash flow from operating activities 153 percent (166)
January–December 2024
· Total sales MSEK 161 921 (157 249)
· Organic sales growth 5 percent (9)
· Real sales growth within technology and solutions 6 percent (
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