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Announced

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ASSA ABLOY completed the acquisition of Bird Home Automation.

Synopsis

ASSA ABLOY, a Swedish conglomerate whose offerings include products and services related to locks, doors, gates, and entrance automation, completed the acquisition of Bird Home Automation, a German manufacturer of high-quality IP door intercom for single and multi-family buildings. Financial terms were not disclosed. "I look forward to welcoming DoorBird and their employees into the ASSA ABLOY Group. DoorBird is a strategic technological addition to the ASSA ABLOY Group and will reinforce our offering with IP door intercom and provide complementary growth opportunities," Nico Delvaux, ASSA ABLOY President and CEO.

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