Flexible Electronics News

ASSA ABLOY Acquires Evolis

Evolis is the leading French manufacturer of ID card printers and consumables.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Pursuant to the press release of July 19, 2023, ASSA ABLOY has acquired, through its subsidiary HID Global SAS, approximately 98.5 percent of the shares of Evolis S.A., a Euronext Growth company listed in Paris and the leading French manufacturer of ID card printers and consumables. In particular, HID purchased all of the Cedys & Co S.A.S. ] shares resulting in the indirect acquisition of approximately 84.4 percent (i.e. 4,407,707 shares) of the Evolis shares held by Cedys and the direct ...

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