Gunnebo Safe Storage

Gunnebo Safe Storage

Provides safes, entrance control, cash handling

Overview

Gunnebo Safe Storage provides security products and services to protect people, buildings, and valuables. It designs and integrates entrance control, safe storage, and cash management systems that combine physical hardware with software and services to manage access, monitor activity, and securely handle cash. The company differs from competitors through its long history, global footprint, and a private ownership structure since 2020, focusing on security markets and offering end-to-end security solutions. Its goal is to help organizations protect people and assets by delivering reliable, integrated security systems for entrance control, secure storage, and cash management.

About Gunnebo Safe Storage

Simplify's Rating
Why Gunnebo Safe Storage is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Hardware

Industrial & Manufacturing

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Göteborgs Stad, Sweden

Founded

1889

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Simplify's Take

What believers are saying

  • Gunnebo Safe Storage said 2025 sales reached 64% of group net sales, up 12.4%.
  • The August 2026 Steelage Mahotsav reaches 200-plus Indian cities, expanding dealer and brand reach.
  • Gunnebo’s 2026 pharma vault and airport-security launches show demand in regulated, high-specification markets.

What critics are saying

  • ASSA ABLOY’s planned Q4 2026 purchase of Entrance Control removes a second revenue engine.
  • India jeweller campaigns expose Safe Storage to cyclical discretionary spending and channel execution risk.
  • If safe-storage growth slows, Altor and Stena lose the group’s remaining standalone value driver.

What makes Gunnebo Safe Storage unique

  • Gunnebo Safe Storage owns global brands Steelage and Chubbsafes across regulated storage niches.
  • Its 2026 pharma vault won Canada’s first compliant multi-license narcotics storage project.
  • It combines design, manufacture, installation, and monitoring for end-to-end compliant vault deliveries.

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Benefits

Training Programs

Flexible Work Hours

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
SecurityInformed.com
Apr 16th, 2026
Gunnebo Canada vault solution for pharma logistics.

Gunnebo Canada vault solution for pharma logistics. 16 Apr 2026 Quick Read Summary is AI-generated, newsdesk-reviewed * Gunnebo Canada delivers Canada's first compliant vault for pharmaceutical controlled substance storage. * Class 2 vault meets updated Health Canada requirements for narcotics storage under multiple licenses. * Project enhances operational efficiency with a custom-engineered vault, alarm system, and security cage. Gunnebo Canada, in collaboration with Hamilton Security, has successfully delivered an advanced vault solution tailored for a third-party logistics company in Canada's pharmaceutical industry. This initiative marks the first vault in the country to align with the revised Health Canada guidelines, allowing for the storage of narcotics under various licenses within a single facility. Meeting regulatory requirements. Designed to optimize existing floor space, the project replaces multiple smaller vaults with one cohesive and compliant structure. Beyond fulfilling regulatory standards, the goal was to enhance operational effectiveness in a logistics environment dealing with both over-the-counter and heavily regulated pharmaceutical products. Integrated into the setup is a bespoke commercial intrusion alarm system for continuous monitoring Gunnebo Canada managed the entire project lifecycle. This encompassed the decommissioning of previous vaults and the design, manufacture, and installation of a new Class 2 vault with an accompanying security cage. Integrated into the setup is a bespoke commercial intrusion alarm system for continuous monitoring. Disrupting ongoing operations. "The real challenge was bringing together multiple complex elements into a single, compliant solution without disrupting ongoing operations," said Navin Chadha, Senior Distribution Manager at Accuristix. "We needed a partner who understood both the regulatory landscape and the practical realities of our environment. Having a single point of contact who could manage design, installation, and coordination made a significant difference to how smoothly the project progressed." The core of the installation is a custom-engineered vault, crafted with Class 2 panels per Health Canada directives. The vault measures approximately 27 feet tall, 39 feet wide, and 66 feet deep, made up of 232 panels and weighing over 750,000 pounds. Controlled substance storage. The end solution ensures compliance and meets enduring operational demands Featuring a specialized vault door with a Class M design and a one-inch steel plate façade, the vault is tailored to accommodate high-volume logistics operations. Encased within an expansive security cage, it exemplifies the layered security approach vital for controlled substance storage. Completion of the installation spanned three months, involving meticulous planning, coordination, and ongoing site involvement to align with expectations at every phase. The end solution ensures compliance and meets enduring operational demands, covering capacity, accessibility, and future scalability. Blair Cleveland, Regional Account Executive at Gunnebo Canada, concluded: "This project reflects the level of coordination and technical understanding required when regulatory requirements change and facilities need to adapt. It was about delivering a solution that works day to day while meeting a very specific and demanding brief. This project sets a clear reference point for how large-scale, compliant narcotics storage can be delivered under the updated requirements, from design through to operation."

Benchmark Magazine
Mar 11th, 2025
Gunnebo Unveils Next-Gen Airport Security at Passenger Terminal Expo 2025

Gunnebo unveils next-gen airport security at passenger Terminal Expo 2025.

SecurityInformed.com
May 15th, 2024
Gunnebo Entrance Control Shows The Way To Securing A Sustainable Future

As part of its sustainability approach, Gunnebo AB has launched Project Earth, as a dedicated Greenhouse Gas inventory project.

Khabar 24 Express
Aug 31st, 2023
Gunnebo opens Experience Zone for its brands Steelage and Chubbsafes in Kochi

In 2000, Steelage was acquired by The Gunnebo Group.

SourceSecurity.com
May 12th, 2023
Gunnebo has launched a new future-proof security gate | Security News

Gunnebo, the provider of entrance control solutions, has launched a new future-proof security gate, designed to improve access management and maintain flow in commercial buildings.

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