#USA #Acquisition #ASSA ABLOY #Corbin #MPI

ASSA ABLOY's Strategic Acquisition

On October 27, 2025, ASSA ABLOY, a global leader in access solutions, announced its acquisition of Metal Products Inc. (MPI), a well-regarded US manufacturer known for its specialized hollow metal doors and frames. This strategic move highlights ASSA ABLOY's commitment to enhancing its product offerings and solidifying its market position, particularly in mature markets.

A Statement of Growth and Stability
Nico Delvaux, President and CEO of ASSA ABLOY, expressed his enthusiasm for welcoming MPI into the ASSA ABLOY family. He noted that the acquisition aligns perfectly with the company’s strategy to strengthen its product portfolio, fostering growth in established markets. “This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” he stated, emphasizing the importance of sustaining growth through strategic partnerships and acquisitions.

MPI’s Reputation and Expertise
Established in 1980 and operating out of Corbin, Kentucky, MPI has built a strong reputation within the industry for its dependable service, consistent delivery, and customer-centric approach. With a workforce of approximately 170 employees, MPI has demonstrated its capability to produce custom metal doors with impressive lead times, making it a crucial addition to ASSA ABLOY’s offering in the Americas.

Lucas Boselli, Executive Vice President and Head of the Americas Division at ASSA ABLOY, highlighted MPI's strategic advantage in the US market. “Their best-in-class lead times for custom metal doors and frames, combined with their strategic footprint in the US, make them a valuable addition to our division. This acquisition enhances our product offering and strengthens our ability to serve customers with speed, reliability, and regional expertise.” This acquisition not only enhances ASSA ABLOY's product range but also promises to accelerate response times and optimize service delivery across its customer base.

Financial Overview
In terms of financials, MPI reportedly generated sales of approximately $22 million for the year 2024, with a healthy EBIT margin. The acquisition is projected to be accretive to ASSA ABLOY's earnings per share (EPS) from the outset, showcasing a robust investment that promises to yield significant returns.

ASSA ABLOY’s Vision and Future Endeavors
ASSA ABLOY continues to lead in its field, employing around 63,000 individuals worldwide and generating sales exceeding SEK 150 billion. The company offers a wide range of solutions, focusing on efficient door openings, trusted identities, and entrance automation. Their innovations support the notion of safe and secure access, bridging physical and digital spaces globally.

In the coming years, as the company integrates MPI into its operations, it aims to leverage MPI’s manufacturing proficiency to optimize offerings across the board. By enhancing its capability to deliver high-quality products promptly, ASSA ABLOY is poised to elevate customer satisfaction and strengthen its foothold in the evolving market landscape.

Conclusion
The acquisition of Metal Products Inc. marks a significant milestone in ASSA ABLOY's trajectory, underscoring its commitment to growth and service excellence. As they embark on this new chapter with MPI, industry observers are keen to see how this acquisition will further influence the access solutions market, enhancing offerings while meeting the evolving needs of customers effectively.

As this story unfolds, ASSA ABLOY reaffirms its dedication to providing safe and open solutions that simplify access while prioritizing customer-centric innovation.