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Announced

Completed

ASSA ABLOY completed the acquisition of Wesko Locks.

Synopsis

ASSA ABLOY, a Swedish group whose offerings include products and services related to locks, doors, gates, and entrance automation, completed the acquisition of Wesko Locks, a Canadian manufacturer and supplier of electronic and specialty locks. Financial terms were not disclosed. "I am very pleased to welcome Wesko Locks into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business," Nico Delvaux, ASSA ABLOY President and CEO.

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