#United States #Charlotte, North Carolina #ASSA ABLOY #InVue #asset protection

ASSA ABLOY Strengthens Its Position with InVue Acquisition

In an exciting move within the security sector, ASSA ABLOY has announced its acquisition of InVue, a US-based company that specializes in precision-engineered connected asset protection and access control solutions. This acquisition is a strategic step for ASSA ABLOY, aimed at bolstering its product offerings and enhancing its capabilities in the global market.

Founded in 1986, InVue has established a strong reputation for providing innovative security solutions that cater primarily to the retail sector. With its headquarters located in Charlotte, North Carolina, InVue employs around 260 people, all of whom are dedicated to developing cutting-edge technologies for asset protection. In 2024, the company reported sales of about MUSD 165, underlining its robust financial performance with a strong EBIT margin.

Nico Delvaux, President and CEO of ASSA ABLOY, expressed his optimism regarding this acquisition, highlighting the importance of InVue’s expertise in the field. He stated, “I am very pleased to welcome the InVue team to ASSA ABLOY. This acquisition delivers on our strategy to grow our business through adding complementary products and solutions to our core business.” This sentiment reflects how ASSA ABLOY aims to diversify its security offerings and cater to a wider array of customer needs across different industries.

Stephanie Ordan, Executive Vice President and Head of the Global Technologies business unit at ASSA ABLOY, also commented on the significance of the acquisition. She remarked, “InVue is a global technology provider at the forefront of innovative security solutions for protecting assets in the retail business. The acquisition will expand our core capabilities across access control and asset protection globally.” This statement underscores the strategic alignment between ASSA ABLOY's objectives and InVue's operational strengths.

By integrating InVue into its operations, ASSA ABLOY is set to enhance its service levels and provide businesses with advanced security solutions tailored for various environments. The company's acquisition strategy is consistent with its goal of being the leading global provider of access solutions. With a workforce of approximately 61,000 employees and a sales figure reaching SEK 141 billion, ASSA ABLOY's growth trajectory appears promising, especially with the inclusion of InVue's innovative offerings.

Both companies are poised to reap benefits from this strengthened alliance, allowing them to navigate the evolving landscape of access control technology more effectively. Retailers globally will likely benefit from enhanced asset protection measures that reflect the best of both organizations’ expertise.

Looking ahead, the acquisition is expected to be accretive to Earnings Per Share (EPS) from the onset, signaling a strong investment for ASSA ABLOY's future. With this acquisition, ASSA ABLOY is not just expanding its business portfolio but also affirming its commitment to ensuring safety and security in the spaces people occupy daily, whether physical or digital.

For more details about this acquisition or to discuss further implications, you can reach out to ASSA ABLOY’s executives:

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

With this strategic acquisition, ASSA ABLOY continues to redefine the possibilities of security solutions in the modern world, solidifying its role as a leader in the access solutions market.