ASSA ABLOY has acquired InVue, a US-based provider of precision-engineered connected asset protection and access control solutions. The company enables tailor-made security solutions to a broad spectrum of industries and retailers.
"I am very pleased to welcome the InVue team to ASSA ABLOY. This acquisition delivers on our strategy to grow our business through adding complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY.
“InVue is a global technology provider at the forefront of innovative security solutions for protecting assets in the retail business. InVue is an excellent addition to Global Solutions. Te acquisition will expand our core capabilities across access control and asset protection globally. I look forward to working with InVue’s successful and experienced team” says Stephanie Ordan, Executiveh Vice President and Head of Global Technologies business unit Global Solutions.
InVue was founded in 1986 and has some 260 employees. The main office is located in Charlotte, North Carolina.
Sales for 2024 amounted to about $165 million with a strong EBIT margin. The acquisition will be accretive to EPS from the start.
Uhlmann & Zacher
ASSA ABLOY has also acquired Uhlmann & Zacher GmbH, a German supplier of access control handles and knobs and corresponding software.
"I am very pleased to welcome Uhlmann & Zacher to ASSA ABLOY. This acquisition delivers on our strategy to add complementary products and solutions to our core business,” says Delvaux.
"We are thrilled to welcome Uhlmann & Zacher to ASSA ABLOY. With over 30 years of expertise and a strong reputation for innovation in electronic locking systems, it is a perfect addition to our portfolio. This acquisition enhances our ability to serve customers in Germany and internationally. Together, we look forward to driving even greater value for our customers,” says Neil Vann, Executive Vice President of ASSA ABLOY and Head of EMEIA Division.
Uhlmann & Zacher was established in 1990 and has some 110 employees. The main office and factory are located in Waldbüttelbrunn, Bavaria, Germany.
Sales for 2024 amounted to about MEUR 21 (approx. MSEK 240) with a good EBIT margin. The acquisition will be accretive to EPS from the start.
