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Announced

Completed

ASSA ABLOY completed the acquisition of Calmell.

Synopsis

ASSA ABLOY, a manufacturer of smart cards, smart paper tickets, and magnetic tickets, completed the acquisition of Calmell, a firm that develops, designs, and manufactures a complete range of door opening solutions. Financial terms were not disclosed. "I am very pleased to welcome Calmell to ASSA ABLOY, an exciting technological addition that will reinforce our current offering within smart cards, and provide complementary growth opportunities," Nico Delvaux, ASSA ABLOY, President and CEO.

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