Press Releases from ASSA ABLOY (SE) (15 total)
direct/ ASSA ABLOY has signed an agreement to acquire SimonsVoss Technologies AG
A leading company in the rapidly growing market for wireless digital locking and access control systems.
SimonsVoss Technologies AG ("SimonsVoss") develops, manufactures and markets electronic locking and access control systems for public and commercial buildings. The acquisition will offer ASSA ABLOY a great growth opportunity and access to an extended product platform. SimonsVoss will be organized as a separate business unit within the ASSA ABLOY Global Technologies Division.
The market…
direct/ ASSA ABLOY (SE) - Adjustment of the financial objectives
In connection with ASSA ABLOY´s Capital Markets Day the Group has adjusted the financial objectives:
Upgraded objective:
- Sales should increase with a total of 10 percent per year over a business cycle by a combination of organic growth and acquisitions over a business cycle.
Previous target was "Sales should increase organically by an average of about 5 percent over a business cycle"
Unchanged objectives that should be achieved by…
direct/ ASSA ABLOY (SE) - New Organization for ASSA ABLOYs Global Technologies D …
Johan Molin, President and CEO of ASSA ABLOY, will continue to head the Global Technologies division.
HID Global and ASSA ABLOY Identification Technologies to merge. From September 1, 2007, the Global Technologies division will consist of the two units HID/ITG and Hospitality.
Denis Hébert, Head of HID/ITG, and Tim Shea, Head of Hospitality, appointed new members of the Executive Management team of the Group.
"Combining the two units HID and ITG…
direct/ ASSA ABLOY (SE) - ASSA ABLOY announces tender offer to acquire leading S …
ASSA ABLOY announces tender offer to acquire iRevo Co. Ltd., a Seoul-listed company and market leader in the world´s largest market for digital door locks*. ASSA ABLOY has agreed with Mr Jae Hong Ha, the largest shareholder, founder and CEO to acquire his 33% stake in the company. The company brings great benefits to the ASSA ABLOY group, including
- a market leading position in Korea,
- access to efficient…
direct/ ASSA ABLOY (SE) - Annual General Meeting of ASSA ABLOY AB
At today´s Annual General Meeting of shareholders in ASSA ABLOY AB, the following members of the Board were re-elected: Gustaf Douglas, Melker Schörling, Carl-Henric Svanberg, Carl Douglas, Per-Olof Eriksson, Lotta Lundén, Johan Molin and Sven-Christer Nilsson. Gustaf Douglas was elected Chairman of the Board and Melker Schörling and Carl-Henric Svanberg were elected as deputy chairmen.
Dividend
The Annual General Meeting established the dividend proposed by the Board of Directors and the Managing…
direct/ ASSA ABLOY (SE) - ASSA ABLOY publishes Annual Report for 2006
Today, Monday, March 19, ASSA ABLOY has published its Annual Report for 2006. The report is available on ASSA ABLOY´s website, www.assaabloy.com.
Further information can be obtained from
Martin Hamner, Director of Investor Relations and Group Controller, Tel: + 46 8 506 485 79
Press release (PDF):
http://hugin.info/1014/R/1112749/202434.pdf
The announcement distributed by directnews.
The issuer is solely responsible for the content of this announcement.…
direct/ ASSA ABLOY (SE) - Strong finish to 2006 for ASSA ABLOY
Sales for the fourth quarter increased by 7% to SEK 8,059 M (7,530), with 9% organic growth, 5% acquired growth and -7% exchange-rate effects. Operating income (EBIT), excluding restructuring costs, increased by 20% to SEK 1,274 M (1,063). Earnings per share, excluding restructuring costs, increased by 16% to SEK 2.14 (1.84).
- Sales for 2006 increased by 12% to SEK 31,137 M (27,802), with 9% organic growth, 3% acquired growth…
direct/ ASSA ABLOY (SE) - ASSA ABLOY obtains USD 300 million financing from U.S. …
ASSA ABLOY has concluded a USD 300 million U.S. private placement with the assistance of Barclays Capital. The transaction was subscribed by a diverse group of investors and consisted of five tranches from 5 to 12 years in both fixed and floating rates notes.
"The deal is complementary to our first U.S. private placement deal executed in May 2005. The response from existing and new investors is very satisfactory. We…
direct/ ASSA ABLOY (SE) - ASSA ABLOY acquires Australian market leader in fire r …
ASSA ABLOY has signed an agreement to acquire the Australian-based company Pyropanel, a leading producer of specialised doors and fire-rated products.
Pyropanel was founded in 1976 and today has 75 employees with regional operations in Victoria, New South Wales and Queensland, Australia.
Pyropanel´s product offering along with ASSA ABLOY´s specification strength is expected to create further growth opportunities and strengthen the company´s position in the commercial segment.
Pyropanel´s sales reached AUD 19 million…
direct/ ASSA ABLOY (SE) - ASSA ABLOY joins with Cisco Systems to bring network i …
Companies Showcase Convergence Technologies in Joint Demonstration at the ASIS show in San Diego
ASSA ABLOY today announced a collaboration with the worldwide leader in IP networking, Cisco Systems®, to develop compatible technologies allowing the convergence of physical and logical access. On display in the United States for the first time at the ASIS show in San Diego, the joint demonstration from the two companies features a "network door" solution combining…
direct/ ASSA ABLOY (SE) - ASSA ABLOY: CEO Johan Molin participates in incentive …
ASSA ABLOY´s CEO and president Johan Molin has on June 2, 2006 sold 21,900 Class B shares of ASSA ABLOY stock to finance his participation in the convertible-based incentive program ("Incentive 2006") offered to senior executives at ASSA ABLOY. After the transaction Molin owns a total of 500,000 Class B share of ASSA ABLOY stock. In addition, Molin has been allocated shares of Incentive 2006 equivalent to another approximately 210,000…
direct/ ASSA ABLOY (SE) - ASSA ABLOY HID has signed an agreement to acquire Farg …
Fargo Electronics Inc (\"Fargo\") is a global leader in the development of secure technologies for identity card issuance systems, including secure card printers/encoders, materials and software
- The secure identification market is expanding and embracing RFID based technologies, a fast growing area in which HID and Fargo have complementary strengths
- The acquisition will enable a market leading offering of products and services for secure distributed ID and access card issuance…
direct/ ASSA ABLOY (SE) - ASSA ABLOY acquires producer of steel doors and frames …
ASSA ABLOY has acquired Baron Metal Industries Inc, a leading producer of steel doors and frames in Canada.
Baron Metal Industries is a well established company primarily in the Canadian commercial steel door and frame industry. Baron has established itself during the last 25 years as a strong player in the mid-range door and frame market. The acquisition enhances ASSA ABLOY´s solutions offering for a broader range of steel doors…
direct/ ASSA ABLOY (SE): ASSA ABLOY´s acquisition of Adams Rite has been cleare …
ASSA ABLOY has received regulatory clearance in the US to acquire Adams Rite Manufacturing Co. in accordance with the agreement signed in February 2006. The acquisition is now complete.
Adams Rite designs and manufactures mechanical and electrical security products. The Company has a strong brand and product offering in the aluminum door channels that are complementary to ASSA ABLOY.
The Company is headquartered in Pomona, California where it has both…
direct/ ASSA ABLOY (SE) - ASSA ABLOY acquires US company with a leading position …
ASSA ABLOY has signed an agreement to acquire Adams Rite Manufacturing Co., a US company with a leading position in aluminum door hardware. The acquisition broadens ASSA ABLOY´s ability to serve new channels and end-users.
Adams Rite designs and manufactures mechanical and electrical security products. The Company has a strong brand and product offering in the aluminum door channels that are complementary to ASSA ABLOY.
The Company is headquartered in…
