Flexible Electronics News

ASSA ABLOY Acquires Nassau in Denmark

Has sales of $66.7 million in 2016.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ASSA ABLOY has signed an agreement to acquire Nassau in Denmark, an important European supplier of industrial overhead sectional doors.   “I am very pleased that Nassau is joining the ASSA ABLOY Group. I welcome this addition that further reinforces the ASSA ABLOY Group’s leadership in entrance automation,” said Johan Molin, President and CEO of ASSA ABLOY.   “Nassau has a good foothold in a number of European markets and brings additional competence in sectional doors and service. I welcome...

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