#Brazil #ASSA ABLOY #Rometal #Veranópolis

ASSA ABLOY's Strategic Move in Brazil

In a significant development for the global access solutions leader, ASSA ABLOY has finalized plans to acquire Rometal, a prominent manufacturer based in Brazil known for its high-quality aluminum products. This strategic acquisition aligns with ASSA ABLOY’s efforts to solidify its presence in emerging markets by diversifying its product range and tapping into innovative solutions offered by Rometal.

Rometal has established itself as a key player in the industry since its inception in 1983, earning a reputation for producing stylish yet functional products such as interior door systems, cabinet doors, frames, and pullers. Their innovative approach and commitment to quality resonate with ASSA ABLOY's vision of providing secure and convenient access solutions worldwide. With a workforce of approximately 500 employees located in Veranópolis, Brazil, Rometal has demonstrated strong operational capabilities and financial performance, with reported sales figures reaching around MBRL 332 (about MSEK 580) for 2025.

Nico Delvaux, the President and CEO of ASSA ABLOY, expressed his enthusiasm regarding this acquisition, stating, "I am very pleased to welcome Rometal to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in emerging markets through adding complementary products and solutions to our core business." Such a sentiment underscores the commitment to enhance ASSA ABLOY's offerings and broaden its market reach.

In this acquisition, ASSA ABLOY not only gains access to Rometal’s innovative product lineup but also expands into complementary market channels. Lucas Boselli, Executive Vice President and Head of the Americas Division, highlighted that this move creates a robust platform for ongoing growth as they continue to serve evolving customer needs in both the residential and commercial sectors.

Furthermore, the acquisition is anticipated to be accretive to earnings per share from the outset, demonstrating the strong financial synergies expected from this partnership. The deal is subject to regulatory approval and is expected to close in the fourth quarter of 2026, following customary closing conditions.

As ASSA ABLOY continues to forge its path in the global market, this latest expansion into Brazil signifies the company’s commitment to embracing new opportunities while enhancing its overall product portfolio. The addition of Rometal will not only enrich ASSA ABLOY’s existing capabilities but also ensure that the company remains at the forefront of innovation and quality in the access solutions sector.

The integration of Rometal into ASSA ABLOY's Latin American Business Segment signifies a hopeful future underpinning potential growth in a burgeoning market. With a focus on innovation and high-quality products, both companies stand to gain immensely from this merger. As they look forward to bringing Rometal’s talented team onboard, the industry can anticipate exciting developments that lie ahead as ASSA ABLOY leverages Rometal's strengths to meet the dynamic needs of consumers in Brazil and beyond.

This significant acquisition reflects ASSA ABLOY’s unwavering commitment to enhancing security and convenience in everyday life, enabling people to enjoy a more open world without compromising safety.

For further insights into this acquisition or to explore other business ventures by ASSA ABLOY, stakeholders are encouraged to stay informed as the integration process unfolds in the upcoming months.

Conclusion

The acquisition of Rometal by ASSA ABLOY marks a pivotal moment in the company’s history, reinforcing its dedication to pioneering innovative access solutions while strategically expanding its footprint in key international markets.