ASSA ABLOY in Brief
ASSA ABLOY is the largest global supplier of door opening solutions.The Group is represented on both mature and emerging markets worldwide, with leading positions in much of Europe, North America and Asia Pacific.ASSA ABLOY was formed in 1994 through the merger of ASSA in Sweden and Abloy in Finland. Since then ASSA ABLOY has grown from a regional company into an international group with around 46,000 employees and annual sales of SEK 68 billion.In the fast growing security segment, the Group has a leading position in areas such as access control, identification technology, entrance automation and hotel security.
· EMEAThe Europe, Middle East and Africa market is very diverse comprising both well-established and emerging markets and an equally wide range of products.In Europe, where the company started, ASSA ABLOY easily has the largest installed lock base and subsequently healthy aftermarket sales providing stable demand. Over the past three years ASSA ABLOY’s sales have expanded to include a sizeable share of large projects requiring advanced door products in sectors such as offices, hospitals, schools and universities.Brands: ABLOY, ASSA, ASSA ABLOY, IKON, Mul-T-Lock, TESA, UNION, Vachette and Yale.Offering: Mechanical locks, Electromechanical locks, Digital door locks, Security doors, Hardware fittings.
· AmericasThrough innovation and product development ASSA ABLOY is expanding its market reach in north, central and south America.Acquisitions have positioned the company well in the US with the majority of the industry’s leading brands part of our company. Significant investments in customer-facing staff and the number of specifiers and specialists has helped drive product awareness and increased sales in both the residential and commercial construction segments. Demand for green solutions is growing along with wireless solutions for home automation.Brands: Ceco, Corbin Russwin, Curries, Emtek, Medeco, Phillips, SARGENT, La Fonte, ASSA ABLOY and Ameristar. Offering: Mechanical locks, Electromechanical locks, Digital door locks, Cylinders, Door fittings, Security doors, Door frames, Industrial high-security fencing and doors.
· Asia PacificWhile the focus is often on the massive Chinese market, ASSA ABLOY continues to have strong sales and brand recognition in Australia, New Zealand and South East Asia while the advanced South Korean market contributes to many of the company’s technology breakthroughs and export growth.In China, and to a growing extent India, urbanization and increasing standards of living are driving demand for better security, with domestic sales in China now accounting for 90 percent of Chinese production. Digital Door Lock sales in particular are booming with an 80 percent increase in sales in China and South East Asia.