Flexible Electronics News

ASSA ABLOY Acquires HKC in Ireland

HKC is a leading manufacturer of alarms and cloud-based monitoring solutions.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ASSA ABLOY has acquired HKC, a leading manufacturer of alarms and cloud-based monitoring solutions, based in Ireland.   HKC was established in 1991 and has approximately 45 employees. The head office is located in Dublin, Ireland. Sales for 2018 are expected to reach €18 million (approx. SEK 180 million) with a good EBIT margin and the acquisition will be accretive to EPS from start.   “I am very pleased to welcome HKC into the ASSA ABLOY Group. HKC offers a comprehensive portfolio of wired ...

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