ASSA ABLOY Acquires Securitech to Add Complementary Products to Core Business.

MANews-(C)2009-2023

Swedish access solutions provider ASSA ABLOY has acquired New York-based door hardware products manufacture Securitech Group Inc. to strengthen position in mature markets with the addition of complementary products and solutions to the core business, the company said.

Terms of the transaction were not disclosed.

Securitech's focus on high-security locking solutions fills several gaps in ASSA ABLOY's existing door hardware, enhancing an opportunity for to further enhance...

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