Assa Abloy: expands presence in Americas with acquisitions
(CercleFinance.com) - Sweden's Assa Abloy is to expand its presence in the Americas with two acquisitions in the US and Mexico, the company said on Wednesday.
The lockmaker said it was acquiring Pioneer Industries, a supplier of steel doors and frames for commercial applications in the US.
The firm's sales for 2018 are expected to reach about 22 million dollars.
In addition, Assa is buying Brüken, a leading Mexican player in glass and aluminium hardware, the company said.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The lockmaker said it was acquiring Pioneer Industries, a supplier of steel doors and frames for commercial applications in the US.
The firm's sales for 2018 are expected to reach about 22 million dollars.
In addition, Assa is buying Brüken, a leading Mexican player in glass and aluminium hardware, the company said.
Copyright (c) 2018 CercleFinance.com. All rights reserved.