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Assa Abloy - US security door manufacturer acquired |
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Sunday, 03 October 2010 18:58 |
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Assa Abloy has acquired Security Metal Products, a well established US manufacturer of standard and specialty high security custom hollow metal commercial doors and frames. Security Metal Products, established in 1955, is headquartered in Southern California with manufacturing facilities and regional Sales are expected to reach SEK 150 M in 2010 with a good EBIT margin. The acquisition is expected to be EPS accretive from the date of the acquisition. [www.assaabloy.de]
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