ASSA ABLOY Expands with NSP Security Acquisition
In a strategic move aimed at bolstering its access control solutions, ASSA ABLOY has announced the acquisition of NSP Security in the UK. Founded in 1993, NSP has established itself as a key player in designing, manufacturing, and installing access control systems, particularly catering to the needs of student accommodation.
The acquisition, which was made public on February 3, 2026, is positioned to enhance ASSA ABLOY’s offerings within the hospitality sector. Nico Delvaux, President and CEO of ASSA ABLOY, expressed enthusiasm about the merger, highlighting NSP's technological innovations as a complementary addition to the company's existing services. “We are excited to welcome NSP into the ASSA ABLOY family, as it positions us to not only strengthen our market presence but also to create new growth opportunities,” he stated.
NSP Security's expertise will integrate into ASSA ABLOY's Global Solutions division, specifically targeting the hospitality business area. This sector is particularly vital given the increasing reliance on electronic access controls in environments like hotels and student housing, where security and ease of access are paramount. Stephanie Ordan, Executive Vice President and Head of Global Technologies for ASSA ABLOY, emphasized NSP’s capacity to provide electronic access solutions to a wide array of clients, underscoring the strategic synergy between the two companies.
With around 20 employees, NSP operates from its headquarters in Borehamwood, UK. The company reported sales figures of approximately £8 million for 2024, demonstrating a robust EBIT margin. The financial implications of this acquisition are expected to be positive, as it’s forecasted to contribute to earnings per share (EPS) right from the outset.
This acquisition not only highlights ASSA ABLOY's commitment to expanding its market footprint, but also reflects the growing importance of access control solutions in today's security landscape. As organizations increasingly prioritize securing their premises while ensuring seamless access for authorized individuals, integrations like this are essential. ASSA ABLOY, being a leader in access solutions, is well-poised to leverage NSP's technological strengths to enhance its competitive edge.
As ASSA ABLOY continues to carve out an influential role in the security landscape, this acquisition of NSP Security comes as a significant milestone. Through this strategic move, ASSA ABLOY aims to deliver innovative solutions that not only meet current market demands but also set the standard for future advancements in access management.
For further details regarding the acquisition, interested parties can reach out to:
- - Nico Delvaux, President and CEO, at +46 8 506 485 82
- - Erik Pieder, CFO and Executive Vice President, at +46 8 506 485 72
- - Björn Tibell, Head of Investor Relations, at +46 70 275 67 68 or via email.