#USA #ASSA ABLOY #Valencia #Security Solutions #PACLOCK

ASSA ABLOY's Strategic Acquisition of PACLOCK

On September 16, 2026, ASSA ABLOY announced the acquisition of Pacific Lock Company, commonly known as PACLOCK, a key player in the manufacture of padlocks and security hardware in the United States. With this strategic move, ASSA ABLOY aims to bolster its presence in the U.S. market by adding complementary products and innovative solutions to its existing offerings.

Welcoming PACLOCK to the Family

Nico Delvaux, the President and CEO of ASSA ABLOY, expressed enthusiasm about the acquisition, stating, "I am very pleased to welcome PACLOCK to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business." This sentiment underscores ASSA ABLOY's broader strategy of not only enhancing its portfolio but also reinforcing its position in established markets.

PACLOCK is renowned for producing high-quality security products that exemplify reliability, durability, and innovation. Lucas Boselli, the Executive Vice President and Head of the Americas Division, noted, "Their expertise in designing and delivering customized security solutions has made them a trusted partner for customers whose needs extend beyond standard product offerings." This expertise is crucial as it allows ASSA ABLOY to meet the evolving demands of its clientele, particularly as the landscape of security solutions continues to advance rapidly.

A History of Quality and Innovation

Founded in 1998, PACLOCK has established a reputation for excellence within the security sector, employing around 40 employees at its main office and manufacturing facility located in Valencia, California. Their commitment to U.S.-based manufacturing and exceptional customer service has garnered significant loyalty from customers, further positioning them as a trusted provider of tailored security solutions.

In 2025, PACLOCK reported impressive sales figures totaling approximately 17 million USD (around 155 million SEK), with a notable EBIT margin. The acquisition is projected to positively impact EPS from the outset, enhancing ASSA ABLOY's financial performance as it integrates PACLOCK into its Residential Business Segment within the Americas Division.

ASSA ABLOY's Global Leadership in Access Solutions

ASSA ABLOY stands as the Global leader in access solutions, committed to helping individuals feel secure in both physical and digital spaces. With a workforce of approximately 64,000 employees and sales reaching 152 billion SEK, the company has solidified its position in several domains, including efficient door openings, trusted identities, and entrance automation.

The acquisition of PACLOCK aligns with ASSA ABLOY's mission to innovate and provide safe, secure access to various environments. With its focus on enhancing product offerings, ASSA ABLOY continues to pave the way for advanced security solutions that meet the diverse needs of its customers.

Conclusion

The integration of PACLOCK into ASSA ABLOY not only strengthens the company’s market position in the U.S. but also enriches its capabilities to provide high-quality, customized security solutions. As the demand for more sophisticated security systems grows, this merger is poised to help ASSA ABLOY continue to lead the way in delivering innovative and reliable security hardware solutions to its customers.