Flexible Electronics News

ASSA ABLOY Acquires Inovadoor in Brazil

Inovadoor was founded in 1997 and has approximately 100 employees.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ASSA ABLOY has acquired Inovadoor Portas Industriais Ltda, a Brazilian manufacturer of sec-tional and high-speed doors. “I am very pleased to welcome Inovadoor into the ASSA ABLOY Group. This acquisition delivers on our strategy to reinforce our current offering within entrance automation in emerging markets,” said Nico Delvaux, president and CEO of ASSA ABLOY. “By leveraging Inovadoor’s local manufacturing capabilities, nationwide reach, and exceptional reputation, we will strengthe...

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