ASSA ABLOY Expands Its Portfolio with Acquisition of Sargent and Greenleaf
ASSA ABLOY Acquires Sargent and Greenleaf
In a strategic move set to bolster its position in the security solutions market, ASSA ABLOY has announced the acquisition of Sargent and Greenleaf (S&G), a leading US manufacturer known for its high-security mechanical and electronic locking products. This acquisition, finalized on December 5, 2025, demonstrates ASSA ABLOY's commitment to enhancing its product offerings and strengthening its market presence, particularly in mature markets.
A Strategic Acquisition
Nico Delvaux, President and CEO of ASSA ABLOY, expressed enthusiasm over the integration of Sargent and Greenleaf into the ASSA ABLOY family. He pointed out that this acquisition is pivotal in expanding the company's portfolio with complementary products that align with its core business strategy. S&G, which boasts a rich history dating back to 1857, is renowned for its innovative locking solutions and has established a solid reputation for performance and reliability in high-security environments.
Lucas Boselli, the Executive Vice President and Head of the Americas Division, emphasized the significance of this acquisition in reinforcing ASSA ABLOY's secure access offerings. For decades, S&G has set industry standards in high-security solutions, and by bringing their expertise into the fold, ASSA ABLOY aims to create new applications and growth opportunities across various sectors, including commercial and institutional markets.
The Legacy of Sargent and Greenleaf
Sargent and Greenleaf operates out of Nicholasville, Kentucky, and employs around 100 individuals. In 2024, the company reported sales of approximately MUSD 45 (equivalent to MSEK 470), showcasing a healthy EBIT margin. With its integration into ASSA ABLOY, it is anticipated that S&G will contribute positively to the earnings per share (EPS) right from the outset. This growth is particularly promising given the increasing demand for high-security solutions, particularly in sectors that prioritize safety and access control.
Enhancing Global Presence
ASSA ABLOY, recognized as a global leader in access solutions, operates a workforce of about 63,000 employees and generates annual sales of nearly SEK 150 billion. With a dominant presence in innovative door opening solutions and trusted identity management, the company is poised to leverage S&G’s capabilities to further enhance its offerings in the global marketplace. This acquisition not only allows ASSA ABLOY to expand its product line but also to tap into new customer segments that require advanced security solutions.
Looking Ahead
As ASSA ABLOY welcomes Sargent and Greenleaf into its organization, the focus will remain on innovation and the development of advanced security technologies. The management team at ASSA ABLOY is excited about the potential for collaboration and the opportunity to explore new technologies that will set the company apart in the competitive landscape of security solutions. Plans for upcoming product developments and collaborative projects are already underway, aiming to solidify their leadership in the high-security market.
In conclusion, ASSA ABLOY's acquisition of Sargent and Greenleaf marks a significant milestone in its journey to offer enhanced security solutions globally. By integrating proven expertise and innovative technologies, ASSA ABLOY is positioning itself to meet the evolving needs of its customers and stay ahead of market trends in high-security locking solutions.