ASSA ABLOY Strengthens Offerings with Acquisition of Calmell in Spain

ASSA ABLOY Expands Its Horizons by Acquiring Calmell



In a significant development in the access solutions sector, ASSA ABLOY, a global leader in unlocking innovations, has announced its acquisition of Calmell, a prominent Spanish manufacturer known for smart cards, smart paper tickets, and magnetic tickets. This acquisition, unveiled on July 10, 2025, marks a key milestone in ASSA ABLOY’s strategic expansion plan, aimed at enhancing its portfolio within the smart card technology landscape.

Nico Delvaux, the President and CEO of ASSA ABLOY, expressed his enthusiasm regarding Calmell's addition to the company, emphasizing it as a vital technological complement that not only strengthens their existing offerings but also opens new avenues for growth. He stated, "I am very pleased to welcome Calmell to ASSA ABLOY. This exciting technological addition will reinforce our current offering within smart cards and provide complementary growth opportunities."

Calmell, established in 1920 and headquartered in Barcelona, boasts a talented workforce of approximately 100 employees. Known for its innovative approach within the public transportation ecosystem, Calmell aligns seamlessly with ASSA ABLOY’s mission to facilitate efficient and secure travel. Björn Lidefelt, Executive Vice President and Head of HID at ASSA ABLOY, highlighted, "Calmell's offering and expertise enable people to get where they need to go, aligning well with our desire to help the world travel more freely."

The company’s financial performance indicates promising growth, with sales for the year 2024 amounting to around 29 million euros (approximately 330 million SEK), coupled with a robust EBIT margin. According to the acquisition agreement, this strategic move is expected to be accretive to earnings per share (EPS) from the outset, signaling a positive outlook for shareholders.

ASSA ABLOY is committed to pushing the boundaries of access solutions, focusing on fostering a safer, more secure environment for users worldwide. With its vast employee base of 63,000 and impressive annual sales that reach 150 billion SEK, the company is strategically positioned to leverage innovations in physical and digital access solutions.

As ASSA ABLOY embraces this new chapter with Calmell, industry experts are keen to observe how this partnership will enhance user convenience and security, particularly in the realm of public transportation and identification technologies. The merger promises to foster enhanced technological exchanges and synergies that could redefine customer experiences in accessing services, reinforcing ASSA ABLOY’s position as a frontrunner in the accessibility solutions sector.

This move not only showcases ASSA ABLOY's commitment to innovation but also reflects its strategy to integrate companies that bolster its core capabilities while expanding its reach. The acquisition is likely to set a precedent as ASSA ABLOY continues to explore new opportunities that align with its vision of facilitating unimpeded access to services and security.

In conclusion, the addition of Calmell to ASSA ABLOY represents more than just an acquisition; it is a forward-focused, strategic collaboration that aims to redefine the smart card and transportation landscape globally. Stakeholders await the forthcoming innovations that this partnership may engender, further shaping the future of access solutions worldwide.

Topics Business Technology)

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