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ASSA ABLOY has Completed 100 Acquisitions since 2005

Acquired 100 companies since Johan Molin joined the Group as president and CEO

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By: DAVID SAVASTANO

Editor, Ink World Magazine

With the acquisition of 4Front, announced on Dec. 27, 2012, ASSA ABLOY has now acquired 100 companies since Johan Molin joined the Group as president and CEO in 2005. Despite two major recessions, the ASSA ABLOY Group has experienced impressive growth since the beginning of 2005. Sales have increased by 84% from SEK 25 billion to SEK 46 billion (rolling 12 months per September 2012). ASSA ABLOY’s operating income, EBIT, has during the same period doubled from SEK 3.7 billion to SEK 7.4 ...

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