ASSA ABLOY acquires Premier Steel Doors and Frames in the US
ASSA ABLOY has acquired Premier Steel Doors and Frames (“Premier”), a US manufacturer of hollow metal doors and frames, metal building door systems, and aluminium windows.
"I am very pleased to welcome Premier 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.
"Premier is a well-known and respected steel door and frame manufacturer, and I’m excited for them to join our division,” says Lucas Boselli,
Read more →ASSA ABLOY’s Capital Markets Day on 19 November 2025 – save the date
ASSA ABLOY will host an in-person Capital Markets Day (CMD) on 19 November 2025, in Milwaukee including a nearby visit at one of Entrance Systems’ Industrial segment sites in Kenosha.
During the CMD, Nico Delvaux, President & CEO, and Erik Pieder, CFO, will give an update of ASSA ABLOY’s strategy and direction. Other members of the executive team will also participate.
More detailed information will be provided prior to the event.
ASSA ABLOY is organizing the CMD in coordination with ABB. ABB will host its CMD on 18 November 2025, also in Milwaukee.
More information will become
Read more →Schörling acquires 5 870 000 shares in Nibe
On November 22, Märta Schörling Andreen and Sofia Schörling Högberg acquired 2 935 000 Class B shares each in Nibe.
Following the acquisition, Märta Schörling Andreen and Sofia Schörling Högberg own approximately 37 million Nibe Class B shares and approximately 34 million Nibe Class A shares each.
Read more →Hexagon accelerates the shift to fully autonomous mines with acquisition of indurad
Hexagon has announced the acquisition of indurad, a global leader in radar and Real-Time Location Systems (RTLS) technologies, along with its autonomous haulage subsidiary, xtonomy. This strategic move underscores Hexagon’s commitment to advancing mine productivity, safety, and autonomy through cutting-edge technology.
Key Benefits of the Acquisition:
· Enhanced Mine Safety: indurad’s advanced radar-based collision avoidance systems mitigate risks in high-stakes mining environments.
· Increased Productivity: Real-time ore tracking and measurement help automate mine workflows,
Read more →Paragon Systems, Inc. concludes settlement related to U.S. Government investigation
As previously announced, Securitas has set a provision of MUSD 53 which was accounted for in the third quarter 2024 related to the U.S. Government investigation into Paragon Systems Inc., a U.S. based subsidiary within the business unit Securitas Critical Infrastructure Services. The settlement is now concluded at MUSD 52. In addition, other costs related to the investigation totals approximately MUSD 1. The settlement amount will be paid throughout 2025.
Further information:
Investors: Micaela Sjökvist, VP Group Investor Relations; +46 76 116 7443, micaela.sjokvist@
Read more →ASSA ABLOY acquires IXLA in Italy
ASSA ABLOY has acquired IXLA, an Italian Manufacturer of advanced laser and color personalization systems for cards and passports.
"I am very pleased to welcome the IXLA team into the ASSA ABLOY Group. IXLA is an interesting technological addition to the ASSA ABLOY Group and will increase our presence in the government card personalization equipment space and provides complementary growth opportunities,” says Nico Delvaux, President and CEO of ASSA ABLOY.
“Welcoming IXLA into the HID family demonstrates our commitment to providing convenient and efficient document personalization
Read more →Norbert Hanke appointed interim President and CEO of Hexagon AB
The Board of Directors of Hexagon AB and Paolo Guglielmini have mutually agreed that Paolo will step down from his position as Hexagon’s President and CEO. The Board sees a new leadership approach as essential to steer the company through its next phase.
The Board of Directors of Hexagon AB has appointed Norbert Hanke as interim President and Chief Executive Officer of Hexagon AB. Norbert Hanke assumes his position with immediate effect. Norbert joined Hexagon in 2001, most recently serving as Hexagon’s COO (Chief Operating Officer) and prior to that as Hexagon’s Manufacturing
Read more →Securitas AB Interim Report Q3 2024 | January–September
July–September 2024
· Total sales MSEK 40 229 (40 047)
· Organic sales growth 5 percent (8)
· Real sales growth within technology and solutions 6 percent (14)
· Operating income before amortization MSEK 3 006 (2 764)
· Operating margin 7.5 percent (6.9)
· Earnings per share, SEK 2.03 (–3.58)
· Earnings per share before IAC, SEK 3.05 (2.66)
· Cash flow from operating activities 115 percent (84)
January–September 2024
· Total sales MSEK 120 127 (117 707)
· Organic sales growth 5 percent (10)
· Real sales growth within technology and solutions 7 percent (
Read more →ASSA ABLOY acquires Lawrence Doors in the US
ASSA ABLOY has acquired Lawrence Doors, a US manufacturer of coiling steel doors, grilles and counter shutters.
"I am very pleased to welcome Lawrence Doors 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.
"With the acquisition of Lawrence Doors, we are set to enter the rapidly growing coiling steel market and establish a strong presence on the US West Coast," says Massimo Grassi, Executive Vice
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