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Announced

ASSA ABLOY to acquire Alcea.

Synopsis

ASSA ABLOY, a company develops, designs, and manufactures a complete range of door opening solutions, agreed to acquire Alcea, a provider of security supervision software and associated access control hardware. Financial terms were not disclosed. "I am very pleased to welcome Alcea into the ASSA ABLOY Group. This company will reinforce our offering within critical infrastructure and will provide complementary growth opportunities," Nico Delvaux, ASSA ABLOY President and CEO.

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