ASSA ABLOY has acquired Gesellschaft für Sicherheitstechnik mbH (“GFS”), a German innovative player in emergency exit security solutions for commercial, industrial and public buildings. "I am very pleased to welcome GFS 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. “I am delighted that GFS will join the ASSA ABLOY EMEIA Division. Their strong expertise in emergency exit security solutions aligns perfectly with our commitment to safety, innovation, and