The ASSA ABLOY Group is committed to focusing on a customer-oriented, product-driven supply to lead the trend towards higher security. The most important product groups are the traditional segments of mechanical locks and security doors, as well as the fast growing area of electromechanical and electronic locks, access control, identification systems and entrance automation. ASSA ABLOY's robust development is based on the long-term structural growth of the mature European, North American, Australian and New Zealand demand, on growing demands on Asian, Eastern-European, African and South American emerging markets and on the success of fast-growing product segments.
Strategic action plans are divided into three areas: market presence, leading products and cost-effectiveness.
ASSA ABLOY AB was established in 1994 with the merger of ASSA in Sweden and ABLOY in Finland. It has been listed on the Stockholm Stock Exchange since November 8, 1994.
ABLOY brought the brands IKON, ABLOY, TrioVing, VingCard and Cardkey, while ASSA brought the brands Arrow, Ruko, SOLID and FAB to the association.
Since its inception, from a regional player, ASSA ABLOY has become a global supplier through a number of acquisitions and now has nearly 100 brands.