Flexible Electronics News

ASSA ABLOY Celebrates 20 Years as Innovative Global Leader

Group sales have grown 1,300 percent to more than SEK 48 billion ($7.37 billion), with 43,000 employees in more than 70 countries

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

When ASSA ABLOY was founded in 1994, the business was concentrated to the Nordic countries and had sales of SEK 3,6 billion with 4,700 employees. Since then the Group has grown 1,300% to sales of over SEK 48 billion ($7.37 billion), with 43,000 employees in more than 70 countries and sales all over the world. One important explanation for ASSA ABLOY’s strong growth is the Group’s focused strategy on an increased market presence, a high rate of innovation and cost efficiency in all processes. ...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters