
Gunnebo Group to divest Gunnebo Entrance Control to ASSA ABLOY
Gunnebo Group has entered into an agreement to divest the business unit Gunnebo Entrance Control to ASSA ABLOY. Following
ASSA ABLOY was formed in 1994 through the merger of ASSA in Sweden and Abloy in Finland. Since then ASSA ABLOY has grown from a regional company into an international group with around 47,500 employees and annual sales close to SEK 76.1 billion.
The company operates in mature and emerging markets worldwide, with leading positions in much of Europe, North America and the Asia Pacific region. In the fast-growing security segment, the ASSA ABLOY Group has an unrivalled presence in areas such as access control, identification technology, entrance automation and hotel security.
The EMEA (Europe, Middle East, Africa) division manufactures and sells mechanical, electro-mechanical and electronic locks, cylinders, security doors and fittings. The portfolio includes some of the most respected brands in the industry such as ABLOY, Mul-T-Lock, UNION, Exidor or Yale amongst others.

Gunnebo Group has entered into an agreement to divest the business unit Gunnebo Entrance Control to ASSA ABLOY. Following

In the modern world, a single layer of security is sometimes not enough. Premises with

Leisure and business travellers increasingly want the stress-free convenience of a frictionless journey, reported ASSA

Many businesses and buildings need trustworthy, keyless door security without the expense and invasiveness of

ASSA ABLOY has acquired a Portuguese manufacturer of mechanical locking solutions. Santos – founded in