Flexible Electronics News

ASSA ABLOY Signs Agreement to Acquire MR Group’s Hardware Division

MR Group’s hardware division is a leading supplier of aluminum profile hardware and locks in Portugal.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ASSA ABLOY has signed an agreement to acquire MR Group’s hardware division, adding to its portfolio. MR Group’s hardware division is a leading supplier of aluminum profile hardware and locks in Portugal. MR Group´s hardware division has 380 employees, and the company was established in 1976. The main office is located in Águeda, Portugal. “This acquisition delivers on our strategy to strengthen our position in the mature markets through adding complementary products and solutions to our c...

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