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Assa Abloy

September 7, 2020

ASSA ABLOY sells CEDES in Switzerland to capiton AG

ASSA ABLOY has signed an agreement to sell its sensor technology business CEDES in Switzerland to capiton AG. CEDES is a leading sensor technology company in the elevator and door industry. CEDES was established in 1986 and has some 320 employees. The company is headquartered in Landquart, Switzerland. Sales in 2019 amounted to about 51 MEUR. "I find it very satisfying that with capiton AG, CEDES and its employees and customers gain a committed long-term investor, creating new opportunities for the future and I wish them every success,” says Nico Delvaux, President and CEO of ASSA

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Hexagon’s shareholding in Hangzhou Yushu Technology Co., Ltd (Unitree Technologies)

Hexagon
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2026
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08
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19
Following the Initial Public Offering (IPO) of Unitree Technologies, Hexagon expects to record a gain in its third quarter results on the revaluation of its shareholding, which represents 1.198% of the Unitree’s issued share capital. The gain will be calculated on the closing share price on 30 September 2026. Based on today's closing price, the gain would be approximately €500m. Any gain will be recorded as a non-cash Item Affecting Comparability (IAC) in Hexagon's accounts. The shares are subject to a 12-month lock-up period from today’s date. For further information, please contact:
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NIBE Industrier AB has appointed Jonas Bjuhr as new Managing Director of NIBE AB in Markaryd

Nibe
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2026
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08
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17
NIBE Industrier AB today announces the appointment of Jonas Bjuhr as the new Managing Director of NIBE AB in Markaryd. Jonas will take up his new role on December 4 and assume operational responsibility for the continued development of NIBE AB – the largest company both within NIBE Industrier AB and within Business Area NIBE Climate Solutions.
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ASSA ABLOY to acquire Gunnebo Entrance Control

Assa Abloy
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2026
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08
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ASSA ABLOY has signed an agreement to acquire Gunnebo Entrance Control, an international provider of entrance control solutions, including speed gates, mass transit gates and security revolving doors. "I look forward to welcoming the Gunnebo Entrance Control team to ASSA ABLOY. 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. “Gunnebo Entrance Control’s well-established entrance control portfolio, strong team,
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