ASSA ABLOY has signed an agreement to acquire Jiawei, one of the leading suppliers of security locks in China. “I am very pleased to welcome Jiawei into the ASSA ABLOY Group. Jiawei constitutes another important step in our strategy to grow market presence in China and other emerging markets,” said Johan Molin, president and CEO of ASSA ABLOY. “Jiawei is a great addition to the Asia Pacific division. The acquisition broadens our presence in the OEM channel for door manufacturers and gives ...