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Sales for Lighthouse for 2016 are expected to reach US $41 million.
March 15, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
ASSA ABLOY has acquired Lighthouse, a sectional door and docking distributor in North Carolina, South Carolina, and Tennessee. “I am very pleased that Lighthouse is joining the ASSA ABLOY Group. I welcome this addition that further reinforces the ASSA ABLOY Group’s leadership in entrance automation, where our sales have grown from SEK 3 billion ($360 million) in 2008 to SEK 18 billion ($2.15 billion) in 2015,” said Johan Molin, president and CEO of ASSA ABLOY. Lighthouse was established ...
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