ASSA ABLOY completed the acquisition of Forte.

ASSA ABLOY, a conglomerate whose offerings include products and services related to locks, doors, gates, and entrance automation, completed the acquisition of Forte, a residential door locks and padlocks manufacturer. Financial terms were not disclosed. "I am very pleased to welcome Forte into the ASSA ABLOY Group. This constitutes an important next step in our strategy to further strengthen our position in emerging markets,” says Nico Delvaux, President and CEO of ASSA ABLOY.