Assa Abloy completed the acquisition of Wallace Perimeter Security.

Assa Abloy, a supplier of locking and physical access solutions, completed the acquisition of Wallace Perimeter Security, a Canadian manufacturer, distributor and installer of perimeter fencing, door and gate solutions. Financial terms were not disclosed. "I am very pleased to welcome Wallace & Wallace 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.