AASSA ABLOY provides access solutions including mechanical locks and electronic security systems to secure doors, buildings, and identities. Its products work by combining physical locks with digital access control: mechanical locksets for doors, electronic locks and smart cylinders that can be opened via codes, cards, keys, or mobile apps, and identity solutions from HID Global that manage secure credentials and access permissions across systems. The company differentiates itself through a large, diversified portfolio of brands and products, a long track record of strategic acquisitions (such as Yale Locks and HID Global), and a global presence in over 70 countries, which lets it serve many customers and integrate hardware with software and identity management. The goal is to maintain leadership in the access-solutions market by expanding offerings, geographic reach, and coordination across physical security and identity technologies.
Work here?Claim your company
Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Stockholms kommun, Sweden
Founded
1880
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
ASSA ABLOY shares have returned 66.6% over three years, yet a discounted cash flow (DCF) model suggests the stock is still undervalued. The shares trade at SEK359.50, well below the DCF estimate, and at a price-to-earnings ratio of 24.4x. The group produced free cash flow of about SEK21.2b over the past twelve months. Analysts expect it to keep rising into the early 2030s before growth slows. The planned sale of HID's Public Key Infrastructure unit to Vista Equity Partners may change the group's cash flow mix after 2026. That may explain why investors are cautious. Bulls see the stock 12% undervalued, citing record EBIT margins of around 17%. Bears see it 6% overvalued, pointing to margin dilution from the Level Lock acquisition.
ASSA ABLOY sells PKI business unit to Vista Equity Partners. ASSA ABLOY has signed an agreement to sell HID's PKI business unit to Vista Equity Partners ("Vista"). The PKI business unit (Public Key Infrastructure) provides digital trust, identity, authentication, encryption, and certificate management solutions. The business unit includes PKI SaaS - IdenTrust and HydrantID - credential management, and ZeroSSL. "I find it very satisfying that with Vista, the PKI business unit and its employees and customers gain a committed long-term investor, creating new opportunities for the future and I wish them every success," says Nico Delvaux, President and CEO of ASSA ABLOY. "Our PKI team has built a strong business with a strong customer base, and Vista has the expertise to take it forward as the market evolves," says Björn Lidefelt, EVP and Head of HID. "We are pleased with this outcome for our customers, our employees, and for HID." The divested business had sales in 2025 of MUSD 58 (approx. MSEK 570) with a strong operating margin. The divestiture is subject to customary closing conditions and is expected to close during the fourth quarter of 2026. For more information, please contact: Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82 Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72 Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68, e-mail: [email protected] About ASSA ABLOY ASSA ABLOY is the global leader in access solutions. Every day Transparency International help people feel safe, secure and experience a more open world. Transparency International operate worldwide with 64,000 employees and sales of SEK 152 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Its innovations enable safe, secure and convenient access to physical and digital places.
Gallagher Security & ASSA ABLOY IP lock integration. 24 Sep 2026 Quick Read Summary is AI-generated, newsdesk-reviewed * Gallagher and ASSA ABLOY integrate IP locks, simplifying access control installations in complex sites. * Solution suits higher education, government, and healthcare needing reliable, flexible security technologies. * Integration offers proactive management, leveraging battery Wi-Fi and PoE IP locks for uninterrupted operation. Gallagher Security has unveiled its latest collaboration with ASSA ABLOY, integrating new IP lock technology to simplify the installation process for access control systems in demanding environments. The launch, announced today, addresses the high costs and complexity often associated with traditional wired access control by eliminating the need for extensive cabling and door controllers, making it especially beneficial in retrofit or hard-to-wire scenarios. Enterprise-grade access control. This new integration is tailor-made for US higher education facilities, including student accommodation, classrooms, and research areas, where mixed online and offline functionality, adaptability, and ease of deployment are crucial. Furthermore, it serves government buildings, enterprise campuses, as well as institutional and healthcare settings requiring dependable security across dispersed locations. Matt Butts, Gallagher Security's Executive Vice President - Americas, noted, "This integration reflects a shared vision between Gallagher and ASSA ABLOY to make security more accessible, flexible, and effective for our customers. By combining best-in-class door security with enterprise-grade access control, we're delivering a solution that reduces friction and empowers facilities with greater insight, faster response times and the confidence of connected technologies working together." Confidence of connected technologies. The system supports ASSA ABLOY's IN120 battery-powered Wi-Fi locks and IN220 PoE IP locks The system supports ASSA ABLOY's IN120 battery-powered Wi-Fi locks and IN220 PoE IP locks, which seamlessly connect to an organisation's on-premises IP network. It allows centralised management of access privileges, credentials, schedules, and overrides via Gallagher's Command Centre, enhancing operational efficiency while preserving oversight across various sites. Each lock's local intelligence enables autonomous access decisions, ensuring operations continue during network disruptions - an advantage for places like dormitories, laboratories, secure offices, and isolated buildings. Enabling proactive management. Security and IT personnel can gain comprehensive visibility into events, alarms, battery conditions, audits, and device health through the Command Centre, enabling more proactive management and swifter responses to issues. The Gallagher Security and ASSA ABLOY IP Lock integration is currently available in the United States, with more information obtainable through local Gallagher Security representatives. Angelo Faenza, Head of Digital Access Solutions at ASSA ABLOY, remarked, "Our collaboration with Gallagher brings together two leaders in access control to solve a real world challenge for our customers. By integrating our IP enabled locks with Gallagher's Command Centre platform, we're delivering a streamlined, modern approach to securing doors across complex facilities. It's a powerful example of how open, interoperable solutions can elevate both security and operational efficiency."
ASSA ABLOY acquires PACLOCK in the US. Sep 16, 2026, 02:19 ET STOCKHOLM, Sept. 16, 2026 /PRNewswire/ - ASSA ABLOY has acquired Pacific Lock Company ("PACLOCK"), a US padlock and security hardware manufacturer. "I am very pleased to welcome PACLOCK to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY. "PACLOCK is recognized for delivering high-quality security products that combine reliability, durability, and innovation, backed by US-based manufacturing and exceptional customer service," says Lucas Boselli, Executive Vice President and Head of the Americas Division. "Their expertise in designing and delivering customized security solutions has made them a trusted partner for customers whose needs extend beyond standard product offerings. We're excited to welcome PACLOCK to ASSA ABLOY and expand our ability to provide customers with high-quality, tailored security solutions that meet their evolving needs." PACLOCK was founded in 1998 and has some 40 employees. The main office and factory are located in Valencia, California, USA. PACLOCK will be part of the Residential Business Segment within the Americas Division. Sales for 2025 amounted to about MUSD 17 (approx. MSEK 155) with a strong EBIT margin. The acquisition will be accretive to EPS from the start. About ASSA ABLOY ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 64,000 employees and sales of SEK 152 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places.
ASSA ABLOY has acquired Pacific Lock Company (PACLOCK), a US manufacturer of padlocks and security hardware. Founded in 1998, PACLOCK employs approximately 40 people at its Valencia, California headquarters and factory. The company reported sales of about $17 million in 2025 with a strong EBIT margin. ASSA ABLOY said the acquisition will be accretive to earnings per share from the start. PACLOCK will join ASSA ABLOY's Residential Business Segment within its Americas Division. The company is known for high-quality security products combining reliability, durability and innovation, supported by US-based manufacturing and customer service. ASSA ABLOY, headquartered in Sweden, is the global leader in access solutions, operating worldwide with 64,000 employees and sales of 152 billion Swedish kronor.
Find jobs on Simplify and start your career today
Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Stockholms kommun, Sweden
Founded
1880
Find jobs on Simplify and start your career today