#USA #ASSA ABLOY #Lindon #Access Control #Pedestal PRO

ASSA ABLOY Expands Portfolio with Acquisition of Pedestal PRO

In a decisive step to bolster its position in the access solutions market, ASSA ABLOY has officially acquired Pedestal PRO, a renowned manufacturer based in the United States. This move was announced on April 17, 2025, as a key strategy to enhance the company's offerings and capture more market share in mature sectors.

A Strategic Move

Nico Delvaux, the President and CEO of ASSA ABLOY, expressed his enthusiasm for the acquisition, stating, "I am very pleased to welcome Pedestal PRO into the ASSA ABLOY Group. This acquisition aligns perfectly with our strategy to strengthen our position in mature markets by adding complementary products and solutions to our core business." The acquisition is viewed as an essential element in enhancing ASSA ABLOY's product line, particularly in the realm of access control.

Pedestal PRO, established in 2002, is known for its innovation in access control pedestals, bollards, and versatile mounting solutions. With a workforce of approximately 50 employees, their main office and manufacturing facility are located in Lindon, Utah. The company's impressive portfolio exemplifies the seamless integration of design, architectural elements, and access technology, making them a perfect fit for the ASSA ABLOY family.

Enhancing Product Offerings

Lucas Boselli, Executive Vice President and Head of the Americas Division at ASSA ABLOY, highlighted the significance of this acquisition, remarking, "Pedestal PRO is an established innovator that seamlessly integrates design, architectural elements, and access control technology. I am excited for them to be part of ASSA ABLOY." With this acquisition, ASSA ABLOY can enhance its range of electromechanical solutions, bolstering its position as a trusted partner for equipment manufacturers, system integrators, and security professionals.

In 2024, Pedestal PRO achieved sales nearing $11 million (USD), with a healthy EBIT margin, further indicating the financial viability of the acquisition. Assa Abloy expects that this acquisition will positively impact its earnings per share (EPS) from the outset, a strategic benefit for its shareholders.

The Future of ASSA ABLOY

ASSA ABLOY has established itself as the global leader in access solutions. With a workforce of around 63,000 employees, the company generated sales of SEK 150 billion through innovative products and services designed to provide secure, efficient access to both physical and digital spaces. The addition of Pedestal PRO's offerings not only broadens its footprint in the access solutions sector but also allows ASSA ABLOY to stay ahead in a rapidly evolving technological landscape.

As the landscape of access control continues to shift, the integration of Pedestal PRO into ASSA ABLOY represents a forward-thinking approach to business that ensures the company remains a pivotal player in providing safe and secure access solutions worldwide. The future looks bright for both ASSA ABLOY and its new subsidiary, as they seek to redefine industry standards and enhance the customer experience.

Conclusion

With the acquisition of Pedestal PRO, ASSA ABLOY is well-positioned to continue its legacy of innovation while meeting the growing demands for sophisticated access control solutions. This strategic acquisition signals a commitment to enhancing the customer experience through expanded product offerings and superior service, ensuring that the company remains an industry leader in access solutions for years to come.