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ASSA ABLOY Acquires IDS in South Africa

IDS is the leading manufacturer and distributor of electronic security solutions in South Africa.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ASSA ABLOY has signed an agreement to acquire IDS, the leading manufacturer and distributor of electronic security solutions in South Africa.   “I am very pleased to welcome IDS into the ASSA ABLOY Group. The acquisition of IDS delivers on our strategy to grow our presence in emerging markets,” said Johan Molin, president and CEO of ASSA ABLOY.   “IDS is a very attractive addition to the EMEA division, thanks to its strong position in South Africa, its complementary product range and its exc...

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