Gunnebo Group has entered into an agreement to divest the business unit Gunnebo Entrance Control to ASSA ABLOY.
Following completion of the transaction, the Gunnebo Group will focus exclusively on Gunnebo Safe Storage, enhancing the global reach and offering with which we serve our customers.
“A world-class company”
Stefan Syren, President and CEO of Gunnebo Group, said: “I am excited about the journey ahead for Entrance Control as part of ASSA ABLOY.
“Over the past decade, we have transformed Gunnebo from an industrial conglomerate into a focused technology company.
“The combined team brings innovative products, strong service capabilities and highly skilled talent to the market.
“Altor and Stena Adactum have invested significantly in the business – in our people, new factories, new products, product development, digitalisation and sustainability – with the ambition to build a world-class company.
“With their continued support, Gunnebo will sharpen its focus on the SecureTech and Safe Storage markets, accelerate innovation, digitalisation and service-based business models, deepen customer relationships and drive customer-led sustainable growth – both organically and through selected acquisitions,” he concluded.
“Reinforce our position as a leading provider”
Howard Lang, President of Gunnebo Entrance Control, said: “This is a proud moment for everyone at Gunnebo Entrance Control.
“We are excited about the opportunities this combination creates for our employees, customers and partners.
“Bringing together these two organisations with complementary strengths will accelerate innovation, further improve our customer offering, drive future growth and reinforce our position as a leading provider of entrance control solutions.”
He continued: “Becoming part of ASSA ABLOY marks the beginning of an exciting new chapter.”
The transaction is subject to customary regulatory approvals and is expected to close during the fourth quarter of 2026.
