ASSA ABLOY strengthens its position in the electromechanical segment in France

INITIAL is specialized in electromechanical locking solutions and is ABLOY's distributor since many years. The company has sales of EUR 3.3 M and shows good growth and profitability

 

The company will be re-named ABLOY France and will continue to serve their customers and develop their business based on the ABLOY product program.

  

 

 

For further information, please contact

Carl-Henric Svanberg, President & CEO, tel: +46 8 510 05 51

or Göran Jansson, CFO, tel. +46 70 698 85 72

  

 

ASSA ABLOY AB (publ)

P.O. Box 70340, SE-107 23 Stockholm

Tel: +46 8 506 485 00, Fax: +46 8 506 485 85

Visiting address: Klarabergsviadukten 90

 

 

 

___________