ASSA ABLOY completed the acquisition of Pedestal PRO.

ASSA ABLOY, a company specializing in access solutions, completed the acquisition of Pedestal PRO, a US manufacturer of access control pedestals, bollards, and innovative mounting solutions. Financial terms were not disclosed. "I am very pleased to welcome Pedestal PRO 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.