Assa Abloy has signed an agreement to acquire Gunnebo Entrance Control, an international provider of entrance control solutions, including speed gates, mass transit gates and security revolving doors.
What people are saying
"I look forward to welcoming the Gunnebo Entrance Control team to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY.
“Gunnebo Entrance Control’s well-established entrance control portfolio, strong team, and deep industry expertise will enhance and complement our current offering in pedestrian access solutions,” says Massimo Grassi, Executive Vice President of Assa Abloy and Head of Entrance Systems Division. “By adding talented people, strong expertise, and innovative solutions, we will further strengthen our ability to support customers with secure, reliable and efficient entrance solutions.”
Company information
Formed in 1995, with a history dating back to 1764, the company has around 670 employees. The company is headquartered in Maresfield, UK, with manufacturing sites across Europe, the US and Asia. Gunnebo Entrance Control will be part of the Business Segment Pedestrian within the Entrance Systems Division.