ASSA ABLOY Strengthens Market Presence with Acquisition of Classic Brass Inc.

ASSA ABLOY Expands its Horizons with the Acquisition of Classic Brass Inc.

In a significant business move, ASSA ABLOY, a global leader in access solutions, has acquired Classic Brass Inc., a renowned US manufacturer specializing in premium cabinet and door hardware. This strategic acquisition, revealed on July 24, 2026, underlines ASSA ABLOY's mission to enhance its presence in mature markets by incorporating complementary products and solutions into its existing portfolio.

Nico Delvaux, President and CEO of ASSA ABLOY, expressed his enthusiasm for the acquisition, stating, "I am very pleased to welcome Classic Brass to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business." The integration promises to merge ASSA ABLOY's global innovation capabilities with Classic Brass's established craftsmanship.

Classic Brass: A Heritage of Craftsmanship

Founded in 1996, Classic Brass has carved out a niche in the hardware market, recognized for its handcrafted designs and commitment to quality. Operating from its main office and factory located in Jamestown, New York, the company has approximately 80 employees, all of whom contribute to its reputation for exquisite, made-to-order pieces.

Lucas Boselli, Executive Vice President and Head of the Americas Division, highlighted Classic Brass's adaptability to customer needs, stating, "Their deep expertise in creating distinctive, made-to-order pieces resonates strongly with the needs of architects, designers, builders, and homeowners seeking truly unique solutions." This focus on customization aligns perfectly with the growing demand in the hardware market for unique and personalized options.

Financial Implications of the Acquisition

In terms of financial performance, Classic Brass exhibited promising results, with sales amounting to approximately MUSD 17 in 2025 and an impressive EBIT margin. Furthermore, the acquisition is expected to be accretive to earnings per share (EPS) from the outset, contributing positively to ASSA ABLOY's financial trajectory.

This joining of forces marks a critical moment for ASSA ABLOY, allowing the company to not only retain Classic Brass's artisan heritage but also to expand its offerings within the residential sector. The integration will aid ASSA ABLOY in fortifying its Residential Business Segment in the Americas Division, potentially reaching a wider audience with enhanced products that are built on quality and customization.

Looking Ahead

As ASSA ABLOY continues to strengthen its market position, the acquisition of Classic Brass represents a strategic step toward greater innovation and product diversity. With a commitment to maintaining Classic Brass's dedicated artisan service and craftsmanship, ASSA ABLOY aims to enrich the experience of clients across the board.

This landmark acquisition presents opportunities for both businesses to leverage their strengths and explore new markets. By embracing Classic Brass's unique heritage, ASSA ABLOY is poised to lead the market with innovative and high-quality hardware solutions for years to come.