OTCM
ASAZF
Market cap40bUSD
, Last price
Name
Assa Abloy AB
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Profile
ASSA ABLOY AB (publ), a company founded in 1954 and headquartered in Stockholm, Sweden, operates as a leading global provider of door opening products, integrated solutions, and related services. Its extensive market reach spans institutional, commercial, and residential sectors across Europe, the Middle East, Africa, North and South America, Asia, and Oceania. The company's comprehensive product offering includes a wide range of security hardware for doors, such as mechanical, electromechanical, and digital locks, as well as cylinders, door fittings, robust security and fire doors, door frames, and advanced access control devices. Beyond physical security, ASSA ABLOY specializes in identity solutions. These encompass identity and access management systems, biometric technologies, brand protection and authenticity products, contactless RFID tags and transponders, and government identification solutions. These services are delivered to various clients, including private corporations, government and state institutions, and key industries like healthcare, education, and finance. Additionally, the firm develops specialized secure access solutions tailored for hospitality environments such as hotels and cruise ships, along with student accommodations and elderly care facilities. Its expertise further extends to entrance automation, providing a variety of products, components, and services. This includes automatic swing, sliding, and revolving doors, industrial and garage doors, high-performance doors, docking solutions, hangar doors, gate automation systems, and high-security fencing and gates, alongside essential components for overhead sectional doors and sensors. ASSA ABLOY distributes its offerings primarily under its prominent brands: ASSA ABLOY, Yale, and HID. These products are made available to customers through a network of distributors, wholesalers, and home improvement retail outlets.
Related entities
Subsidiaries (16)
ASSA ABLOY
ASSA ABLOY Entrance Systems Belux
Assa Abloy Forsakrings AB
ASSA ABLOY INDIA PRIVATE LIMITED
ASSA ABLOY MERCOR DOORS SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA
ASSA ABLOY (SA)
ASSA ABLOY ENTRANCE SYSTEMS DENMARK A/S
ASSA ABLOY Euro Holding AB
ASSA ABLOY Financial Services AB
ASSA ABLOY Finans AB
ASSA ABLOY TREASURY LIMITED
Certego Oy
HID Global Corporation
INHEP ELECTRONICS HOLDINGS
KELLEY MATERIAL HANDLING EQUIPMENT INDIA PRIVATE LIMITED
LUX - IDent s.r.o.
Key people
Independent Chairman of the Board · since 2023
Nico Delvaux
President, Chief Executive Officer, Head of the Global Technologies Division and Asia Pacific Division · since 2021
Erik Pieder
Chief Financial Officer, Executive Vice President · since 2019
Allan Cooper
Chief Human Resources Officer, Executive Vice President · since 2024
Lucas Boselli
Executive Vice President, Head of Americas Division · since 2018
Simon Ellis
Executive Vice President, Head of Asia Pacific Business Unit ASSA ABLOY Opening Solutions Pacific and North East Asia · since 2021
Massimo Grassi
Executive Vice President, Head of Entrance Systems Division · since 2021
Bjoern Lidefelt
Executive Vice President, Head of Global Technologies Business Unit HID Global · since 2020
Stephanie Ordan
Executive Vice President, Head of Global Technologies Business Unit Global Solutions · since 2021
Martin Poxton
Executive Vice President, Head of Asia Pacific Business Unit ASSA ABLOY Opening Solutions Greater China and South East Asia · since 2021
Neil Vann
Executive Vice President, Head of EMEIA Division · since 2018
Rune Hjalm
Director, Employee Representative, IF Metall · since 2017
Bjarne Johansson
Director, Employee Representative, IF Metall · since 2023
Independent Director · since 2021
Independent Vice Chairman of the Board · since 2012
Independent Director · since 2022
Independent Director · since 2023
Independent Director · since 2018
Independent Director · since 2023
IPO date
Nov 08, 1994
Employees
53,824
Domiciled in
SE
Incorporated in
SE
Headquarters & legal address
Box 70340
Stockholm, AB 107 23
SE
Stockholm, AB 107 23
SE
Valuation
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