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Acquisitions significantly increase the Group's footprint in Brazil
November 21, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
ASSA ABLOY has signed an agreement to acquire Silvana, a leading lock company, and has acquired Metalika, a leading steel fire door company, both located in Brazil. The acquisitions significantly increase the Group’s footprint in Brazil. “I am very pleased that Silvana and Metalika are joining the ASSA ABLOY Group. Silvana and Metalika represent the Group’s first major acquisitions in the large Brazilian market. This constitutes an important next step in our strategy to grow market presence i...
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