#Poland #ASSA ABLOY #Roger #Gosciszewo

ASSA ABLOY Acquires Roger in Poland

In a strategic move to enhance its product offerings, ASSA ABLOY has officially acquired Roger Sp. z o.o. sp.k., a prominent Polish manufacturer specializing in on-premise electronic access control systems and accompanying hardware. This acquisition is set to not only bolster ASSA ABLOY’s established reputation but also facilitate the introduction of advanced security solutions in the Polish market and beyond.

Nico Delvaux, President and CEO of ASSA ABLOY, expressed high expectations regarding this new partnership, stating, "I look forward to welcoming Roger into the ASSA ABLOY Group. This acquisition delivers on our strategy to add complementary products and solutions to our core business." Roger has maintained a significant presence in the electronic access control sector for over three decades, gaining trust from more than five million active users in Poland.

Roger, founded in 1991, has its head office and primary manufacturing facility located in Gosciszewo, Poland. With a workforce of approximately 100 employees, the company has carved out a respected niche in providing innovative security solutions. With 2023 sales reported at around MPLN 42 (which translates to roughly MSEK 110), Roger has showcased a strong EBIT margin, underlining its profitability and operational efficiency.

Neil Vann, Executive Vice President of ASSA ABLOY and Head of the EMEIA Division, added, "The team at Roger has a solid record of innovation and provides a valuable addition to our business. Their expertise will undoubtedly enhance our capabilities in the growing electronic access control market." This acquisition aligns perfectly with ASSA ABLOY's ongoing strategy to develop and offer advanced security products that meet the increasing demand for safe and reliable access control systems.

The incorporation of Roger into the ASSA ABLOY portfolio is expected to be accretive to earnings per share (EPS) from the outset, indicating a positive outlook for the integration of the two companies. The joining of forces is anticipated not just to enrich ASSA ABLOY’s product line but also to broaden its reach in Europe, particularly in the context of growing awareness and necessity for advanced security solutions across various sectors.

As the global leader in access solutions, ASSA ABLOY operates with around 61,000 employees and generated sales of SEK 141 billion. Their commitment to delivering innovative access solutions promotes safer and more convenient experiences for billions of individuals around the world every day.

With this acquisition, ASSA ABLOY demonstrates its resolve to remain at the forefront of the access solutions industry—investing in quality, innovation, and the creation of secure environments that foster trust and customer satisfaction. The combined strengths of ASSA ABLOY and Roger promise to deliver an extensive range of improved capabilities and products that cater to evolving security needs.

For any further queries, the contacts provided are:

• - Nico Delvaux, President and CEO, [Phone: +46 8 506 485 82]
• - Erik Pieder, CFO and Executive Vice President, [Phone: +46 8 506 485 72]
• - Björn Tibell, Head of Investor Relations, [Phone: +46 70 275 67 68, Email: [email protected]]

This acquisition signifies a major step forward for both ASSA ABLOY and Roger, with the potential to redefine access solutions in the market, enriching user experiences and security protocols for both individual and business clients alike.