ASSA ABLOY has acquired Portafeu, a french company that offers fire-rated flame-retardant, firebreak and blast-resistant doors for commercial and residential customers as well as for special closures. “This acquisition constitutes an important part of our strategy to add complementary products and segments to our offerings,” says Johan Molin, President and CEO of ASSA ABLOY. Created in 1936, Headquartered in Romilly sur Andelle, Portafeu has 245 employees and sales of € 30 M in the financial year 2010. The acquisition will be slightly accretive to EPS from start. [www.assaabloy.com]