ASSA ABLOY´s divestiture of certain businesses in relation to the acquisition of agta record completed
ASSA ABLOY has closed the sale to Italy based FAAC Group of certain agta record and ASSA ABLOY businesses, as part of the commitments to address the competition concerns of the EU Commission in connection with the acquisition of the Swiss company agta record (the “Divestiture”).
The divested business includes the agta record operations in the Netherlands, Austria, Hungary and Slovenia, as well as the ASSA ABLOY automatic pedestrian door business in France and the UK. In addition, agta record´s high-speed door business located mainly in France is also included.
The divested business
Read more →ASSA ABLOY files simplified public tender offer for the remaining outstanding shares of agta record
ASSA ABLOY has today filed, with the French Financial Markets Authority (AMF), a proposed simplified public tender offer to purchase the remaining outstanding shares of the Swiss company agta record ag (“agta record”) at a price of EUR 70.58 per agta record share (the “Offer”). Launch of the Offer is subject to customary review and approval by the AMF. It is also intended that the Offer is followed by the delisting of agta record shares from Euronext Paris, subject to the prior approval of Euronext Paris, as per article P 1.4.2 of the Euronext Rules.
ASSA ABLOY today announced that it has
Read more →ASSA ABLOY´s acquisition of majority stake in agta record completed
ASSA ABLOY, previously a 39% shareholder in the Swiss company agta record ag (“agta record”), has completed the indirect acquisition of the 54% shareholding in agta record from the shareholders of Agta Finance (the “Acquisition”).
ASSA ABLOY now owns approximately 93% of the share capital and voting rights of agta record.
The purchase price for the Acquisition amounts to approximately MEUR 506, equivalent to an adjusted[1] purchase price per agta record share of EUR 70.58.
As previously announced ASSA ABLOY will immediately after the Acquisition file a proposed simplified public tender
Read more →ASSA ABLOY acquires Access-IS in the UK
ASSA ABLOY has acquired Access-IS, a leading provider of electronic RFID, NFC and barcode devices enabling the authentication of travel and identity documents, ticket reading and contactless payments.
"I am very pleased to welcome Access-IS and their employees into the ASSA ABLOY Group. Access-IS is a strategic technological addition to the ASSA ABLOY Group. The company will reinforce our current offering within extended access technologies and will provide complementary growth opportunities,” says Nico Delvaux, President and CEO of ASSA ABLOY.
“Access-IS solutions are a good fit for
Read more →Hexagon adds powerful visual positioning technology to best-in-class survey-grade GNSS RTK rover
Hexagon AB, a global leader in sensors, software and autonomous solutions, today introduced the Leica GS18 I (https://leica-geosystems.com/products/gnss-systems/smart-antennas/leica-gs18I), a versatile, survey-grade GNSS RTK rover so powerful it enables you to measure what you see. It comes equipped with all the innovative functionality of the Leica GS18 T – Hexagon’s calibration-free, tilt-compensating GNSS solution immune to magnetic disturbances – plus the power of survey-grade visual positioning.
Through sensor fusion of satellite (GNSS), motion (IMU), and image (camera) technology,
Read more →EU Commission clears acquisition of agta record
ASSA ABLOY, a 39% shareholder of the Swiss company agta record ag (“agta record”), has received clearance by the EU Commission to indirectly acquire the 54% shareholding in agta record from the shareholders of Agta Finance (the “Acquisition”).
The purchase price for the Acquisition amounts to approximately EUR 506 million, equivalent to an adjusted[1] purchase price per agta record share of EUR 70.54. The Acquisition is expected to close during August 2020. After the Acquisition ASSA ABLOY will own approximately 93% of the share capital and voting rights of agta record.
As previously
Read more →Hexagon adds end-to-end 3D security surveillance capabilities with the acquisition of TACTICAWARE
Hexagon AB, a global leader in sensor, software and autonomous solutions, today announced the acquisition of TACTICAWARE, a provider of LiDAR-based 3D surveillance software used to monitor and protect critical infrastructure and buildings – from powerplants and airports to commercial and residential buildings and more.
TACTICAWARE’s flagship solution, Accur8vision, is a volumetric (entire space) detection security system offering 3D surveillance. Unlike conventional systems that typically only monitor perimeters, Accur8vision delivers situational awareness of an intruder’s exact location,
Read more →Securitas AB Interim Report January-June 2020
APRIL–JUNE 2020
· Total sales MSEK 26 556 (27 684)
· Organic sales growth –4 percent (5)
· Operating income before amortization MSEK 1 075 (1 377)
· Operating margin 4.0 percent (5.0)
· Items affecting comparability (IAC) MSEK –61 (–46), relating to IS/IT transformation programs
· Earnings per share SEK 1.50 (2.18)
· Earnings per share, before IAC, SEK 1.62 (2.27)
· Cash flow from operating activities 248 percent (69)
· Cost savings program initiated in the Group
JANUARY–JUNE 2020
· Total sales MSEK 54 976 (54 428)
· Organic sales growth –1 percent (
Read more →Hexagon Interim Report 1 January - 30 June 2020
Second quarter 2020
- Net sales decreased by -8 per cent to 896.6 MEUR (976.0). Using fixed exchange rates and a comparable group structure (organic growth), net sales decreased by -10 per cent
- Operating earnings (EBIT1) decreased by -5 per cent to 226.5 MEUR (239.2)
- Earnings before taxes, excluding non-recurring items, amounted to 220.1 MEUR (232.3)
- Net earnings, excluding non-recurring items, amounted to 180.5 MEUR (190.5)
- Earnings per share, excluding non-recurring items, amounted to 0.49 EUR (0.52)
- Operating cash flow increased to 239.2 MEUR (178.3)
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