ASSA ABLOY Expands Portfolio with Acquisition of Sargent and Greenleaf

Introduction
In an exciting development in the world of security solutions, ASSA ABLOY has announced its acquisition of Sargent and Greenleaf, a renowned American manufacturer specializing in high-security mechanical and electronic locking solutions. This strategic move, officially communicated in December 2025, marks a significant step for ASSA ABLOY in consolidating its position in established markets, while also expanding its product range to better cater to customer needs.

Details of the Acquisition
Sargent and Greenleaf, established in 1857, has a rich history of innovation, being a trusted name in high-security locks and safe hardware. The company operates out of Nicholasville, Kentucky, employing approximately 100 individuals. In 2024, Sargent and Greenleaf reported sales of about $45 million, reflecting a robust EBIT margin. The acquisition is projected to be EPS accretive from the outset, signifying an immediate positive impact on ASSA ABLOY's financial performance.

Strategic Alignment
Nico Delvaux, the President and CEO of ASSA ABLOY, expressed his enthusiasm regarding the acquisition, highlighting its strategic alignment with the company's goal of enhancing its offerings in mature markets. Delvaux stated, “I am very pleased to welcome Sargent and Greenleaf to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets by adding complementary products and solutions to our core business.”

Lucas Boselli, Executive Vice President and Head of the Americas Division at ASSA ABLOY, echoed these sentiments, emphasizing how Sargent and Greenleaf’s expertise would bolster ASSA ABLOY's secure access portfolio. Boselli mentioned the company’s commitment to tapping into new applications and growth opportunities, particularly within the commercial, institutional, and high-security sectors.

The Role of Sargent and Greenleaf
Known for its benchmark-setting contributions to high-security locking solutions, Sargent and Greenleaf brings decades of proven innovation and reliability to ASSA ABLOY's already extensive portfolio. The combination of ASSA ABLOY's global reach and resources with Sargent and Greenleaf's specialized knowledge is expected to create a powerful synergy that enhances product development and customer engagement.

As high-security needs grow across various sectors, including commercial and institutional environments, the integration of Sargent and Greenleaf's products will allow ASSA ABLOY to offer a comprehensive range of solutions tailored to the specific demands of these markets. This integration aligns with the global trend towards increased security awareness and the implementation of advanced locking mechanisms.

Conclusion
The acquisition of Sargent and Greenleaf solidifies ASSA ABLOY's commitment to providing safe, secure, and innovative access solutions worldwide. With a workforce of approximately 63,000 employees and sales reaching SEK 150 billion, ASSA ABLOY continues to lead the industry, ensuring that its customers feel safe and secure in both physical and digital spaces. As the company embarks on this new chapter with Sargent and Greenleaf, stakeholders can anticipate expanded opportunities for growth and innovation in high-security solutions.