Flexible Electronics News

ASSA ABLOY Sells CEDES in Switzerland to capiton AG

The company is headquartered in Landquart, Switzerland. Sales in 2019 amounted to about 51 MEUR.

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By: Anthony Locicero

Copy editor, New York Post

ASSA ABLOY signed an agreement to sell its sensor technology business CEDES in Switzerland to capiton AG.   CEDES is a sensor technology company in the elevator and door industry.    CEDES was established in 1986 and has some 320 employees.    The company is headquartered in Landquart, Switzerland.    Sales in 2019 amounted to about 51 MEUR.   “I find it very satisfying that with capiton AG, CEDES and its employees and customers gain a committed long-term investor, crea...

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