Assa Abloy AB is a global leader in door opening solutions, with headquarters in Stockholm, Sweden. Established in 1994 through the merger of Swedish lock manufacturer ASSA and Finnish lock producer Abloy, the company has grown into a diversified security technology group. Assa Abloy is listed on Nasdaq Stockholm and trades in the United States on the OTC market under the symbol ASAZY.
The company’s core activities encompass the design, manufacture and sale of mechanical and electromechanical locks, access control systems, automatic doors and entrance automation. Assa Abloy also offers a range of identification and authentication technologies, including smart cards, biometric readers, mobile access solutions and digital key platforms. These products cater to a broad spectrum of end-markets, from residential and commercial buildings to healthcare, education, hospitality and critical infrastructure.
Assa Abloy serves customers in over 70 countries through a network of more than 80 subsidiaries and sales offices. Its regional footprint spans Europe, the Americas, Asia-Pacific, the Middle East and Africa, allowing the company to address local market requirements and regulatory standards. A combination of organic investment and targeted acquisitions has expanded its product portfolio and strengthened its presence in high-growth markets.
Under the leadership of President and CEO Nico Delvaux, appointed in February 2022, Assa Abloy continues to focus on digital innovation and sustainability. The company invests in research and development to enhance cybersecurity, energy efficiency and user convenience in its solutions. Through a strategy of continuous improvement and selective bolt-on acquisitions, Assa Abloy aims to maintain its position at the forefront of the global security and access control industry.
AI Generated. May Contain Errors.
Free ASAZY Stock Alerts