#Sweden #Stockholm #ASSA ABLOY #Gunnebo Entrance Control #Entrance Solutions

ASSA ABLOY Acquires Gunnebo Entrance Control

In a significant strategic move, ASSA ABLOY has recently signed an agreement to acquire Gunnebo Entrance Control, a globally recognized provider of entrance control solutions. This acquisition is expected to fortify ASSA ABLOY's foothold in mature markets and add complementary products and solutions to its existing core business.

Background of the Acquisition

The President and CEO of ASSA ABLOY, Nico Delvaux, expressed his enthusiasm about bringing the Gunnebo Entrance Control team into their fold. This acquisition aligns perfectly with ASSA ABLOY’s strategy of enhancing its portfolio, particularly in pedestrian access solutions.

Gunnebo Entrance Control is admired for its robust lineup, which includes various entrance control systems such as speed gates, mass transit gates, and security revolving doors. With a history dating back to 1764 and formally established in 1995, the company boasts around 670 employees and operational manufacturing sites across Europe, the United States, and Asia, making it a notable player in the industry.

Strategic Importance

The addition of Gunnebo's esteemed expertise and innovative products is anticipated to complement ASSA ABLOY's existing offerings. Massimo Grassi, Executive Vice President and Head of the Entrance Systems Division, noted that incorporating their strengths and innovative solutions will significantly enhance ASSA ABLOY's capabilities to offer secure, reliable, and efficient entrance solutions, meeting the demands of a growing customer base.

Financial Overview

Gunnebo Entrance Control reported sales of approximately MEUR 151 (equivalent to about MSEK 1,670) for the year 2025, showing a promising EBIT margin. Despite the initial dilutive effect on earnings per share (EPS), the long-term prospects of this acquisition appear highly positive.

Next Steps

The acquisition is currently pending regulatory approval and the customary closing conditions, with expectations to finalize this agreement by the fourth quarter of 2026. This timeline indicates a well-planned approach to integrating Gunnebo into ASSA ABLOY's expansive operational framework.

In conclusion, this acquisition marks a pivotal step for ASSA ABLOY as it continues to grow and innovate within the access solutions industry. By enhancing its portfolio with the entrance control expertise of Gunnebo, ASSA ABLOY is poised to offer even better services and products aimed at ensuring security and smooth accessibility for their global clientele.

For more information about this acquisition or to understand how ASSA ABLOY aims to integrate Gunnebo, interested parties may contact:

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