Assa Abloy AB - Company Profile
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Assa Abloy AB (ASSA) offers access solutions, providing a range of products and services designed to ensure secure and convenient access to physical and digital places. Its main activities include the development, manufacturing, and sale of mechanical and electromechanical locks, access control systems, identification technology, entrance automation, and security doors. Brands associated with ASSA include ABLOY, Yale, and HID. Its products serve a diverse customer base across industries such as government, healthcare, hospitality, education, and transportation, offering solutions for secure access and identification management. The company has operations in over 70 countries and targets markets worldwide, with a strong presence in EMEIA, the Americas, and Asia Pacific regions. ASSA is headquartered in Stockholm, Sweden.
Assa Abloy AB premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Mechanical and Electromechanical Locking: | ABLOY |
| Mechanical Locks and Hardware | Yale |
| Digital Door Locks | Kwikset |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In April, the company acquired Rollerdoor Group, a sectional door manufacturer. |
| 2026 | Acquisitions/Mergers/Takeovers | In March, the company acquired Sennco Solutions, a provider of asset protection technology and retail security solutions. |
| 2026 | Acquisitions/Mergers/Takeovers | In February, the company acquired NSP Security, a company providing design, manufacturing and installation of access control solutions. |
Competitor Comparison
| Key Parameters | Assa Abloy AB | Stanley Black & Decker Inc | Fortune Brands Innovations Inc | Allegion Plc | Dormakaba Holding AG |
|---|---|---|---|---|---|
| Headquarters | Sweden | United States of America | United States of America | Ireland | Switzerland |
| City | Stockholm | New Britain | Deerfield | Dublin | Ruemlang |
| State/Province | Stockholm | Connecticut | Illinois | Dublin | - |
| No. of Employees | 63,939 | 43,500 | 10,000 | 13,300 | 15,425 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Johan Hjertonsson | Chairman | Executive Board | 2023 | 58 |
| Carl Douglas | Vice Chairman | Executive Board | 2012 | 61 |
| Nico Delvaux | Chief Executive Officer; Head - Global Technologies and Asia Pacific Division; President | Senior Management | 2018 | 60 |
| Erik Pieder | Chief Financial Officer; Executive Vice President | Senior Management | 2019 | 58 |
| Allan Cooper | Chief Human Resources Officer; Executive Vice President | Senior Management | 2024 | 48 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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