ASSA ABLOY to acquire Mottura.

ASSA ABLOY, an access solutions provider, agreed to acquire Mottura, an armored lock cases and security cylinders manufacturer. Financial terms were not disclosed. "We are committed to growing our presence in the Italian market and the acquisition of Mottura provides a great step in strengthening our position in the residential space. I look forward to welcoming Mottura and their employees into the ASSA ABLOY Group," Nico Delvaux, ASSA ABLOY President and CEO.