ASSA ABLOY Completes Acquisition of TeleAlarm Group: Enhancing Remote Care Solutions

ASSA ABLOY Strengthens Senior Care Offerings with TeleAlarm Acquisition

In a strategic move that underscores its commitment to advancing technology in the care sector, ASSA ABLOY has acquired TeleAlarm Group, a notable European provider of remote care solutions. Founded in 1956 and based in Leipzig, Germany, TeleAlarm specializes in developing integrated hardware and software technologies that enhance the independence of individuals in social and home care environments.

The acquisition was announced by ASSA ABLOY on May 16, 2025, with President and CEO Nico Delvaux expressing enthusiasm about the addition of TeleAlarm to their portfolio. Delvaux emphasized that the integration of TeleAlarm aligns perfectly with ASSA ABLOY's focus on senior care, providing new growth opportunities within its business operations. He stated, "I am very pleased to welcome TeleAlarm into ASSA ABLOY, an exciting technological addition that will reinforce our current offerings within the Senior Care business area."

Stephanie Ordan, Executive Vice President and Head of Global Technologies at ASSA ABLOY, echoed these sentiments, highlighting TeleAlarm's capabilities in remote care technology. According to Ordan, TeleAlarm serves a diverse customer base across the social care and home care segments, making it a valuable addition to the company's Global Solutions business area. The strong research and development framework that TeleAlarm possesses is expected to expand ASSA ABLOY's core capabilities in the sector.

With about 70 employees, TeleAlarm brings its expertise in remote caregiving technology to ASSA ABLOY. The company recorded sales of approximately MEUR 29 in 2024, which translates to around MSEK 330, showcasing a solid EBIT margin. This acquisition is projected to be beneficial to earnings per share right from the onset, marking a promising financial outlook for ASSA ABLOY moving forward.

ASSA ABLOY is a renowned global leader in access solutions, dedicated to enhancing safety and security. The company employs around 63,000 professionals worldwide, achieving sales of SEK 150 billion. They specialize in areas including efficient door openings, trusted identities, and entrance automation. The company's commitment to fostering innovation in access technologies aligns with its recent acquisition, paving the way for improved solutions that facilitate safe and secure environments in both physical and digital arenas.

With the integration of TeleAlarm, ASSA ABLOY is poised to further revolutionize senior care technologies, delivering solutions that empower individuals and improve the quality of care provided in home and social settings. The anticipated collaboration between the teams at ASSA ABLOY and TeleAlarm promises to leverage cutting-edge innovations that can significantly impact the caregiving landscape across Europe.

TeleAlarm, with its strong presence in remote care technology, is set to strengthen ASSA ABLOY's leadership in the senior care business area, ensuring that technological advancements lead to greater independence and improved quality of life for individuals in need of care services.