#Sweden #Poland #Stockholm #ASSA ABLOY #Roger Sp. z o.o.

ASSA ABLOY Expands Its Reach in Poland

In a strategic move to enhance its product offerings, ASSA ABLOY, a leading global provider of access solutions, has acquired Roger Sp. z o.o. sp.k., a respected Polish manufacturer known for its on-premise electronic access control systems and hardware. This acquisition marks an important milestone for ASSA ABLOY as it seeks to reinforce its position in the European market, leveraging Roger's extensive experience and established reputation in electronic security.

A Strong Track Record

Founded in 1991, Roger has built a strong presence in the Polish market over the past three decades. With approximately 100 employees and a comprehensive range of access control solutions, Roger is trusted by more than 5 million users across the country. Nico Delvaux, President and CEO of ASSA ABLOY, expressed enthusiasm about the acquisition, stating, “I look forward to welcoming Roger into the ASSA ABLOY Group. This acquisition delivers on our strategy to add complementary products and solutions to our core business.” He emphasized the value that Roger brings with its innovative approach and solid track record in the electronic access control space.

Roger's product range includes advanced electronic locking systems and services that cater to various industries, making it a fitting addition to ASSA ABLOY's existing offerings. Neil Vann, Executive Vice President of ASSA ABLOY and Head of the EMEIA Division, highlighted Roger's strong reputation in Poland, noting its innovative culture and commitment to quality as factors that make it a valuable addition to the ASSA ABLOY family.

Financial Implications

The acquisition is expected to be beneficial from a financial perspective. In 2023, Roger reported sales of approximately MPLN 42 (around MSEK 110) with robust EBIT margins. This performance indicates not only a well-established business operation but also a profitable partnership that will contribute positively to ASSA ABLOY's earnings per share from the outset.

Future Prospects

With this acquisition, ASSA ABLOY aims to integrate Roger’s products and expertise into their global portfolio, further enhancing innovation and market competitiveness in access solutions. Delvaux stated that the team at Roger will play a crucial role in furthering the vision of creating safe, secure, and convenient access to both physical and digital environments.

About ASSA ABLOY

ASSA ABLOY stands as a global leader in access solutions, with a workforce of around 61,000 employees and reported sales amounting to SEK 141 billion. The group emphasizes innovative solutions for door openings, trusted identities, and entrance automation, striving to help billions of individuals experience a more open world every day. This acquisition of Roger not only reinforces ASSA ABLOY's strategic plans but also positions the company favorably within the growing market for electronic access control solutions across Europe.

This acquisition unfolds an exciting chapter for both ASSA ABLOY and Roger, promising advancements in the security technology landscape while making significant contributions to enhancing user experience in access control systems worldwide.