ASSA ABLOY Celebrates a Milestone

Olena Serdiuk August 26, 2024 at 5:40 PM

In 2024, ASSA ABLOY celebrates its 30th anniversary. The international company, headquartered in Sweden, offers products and services related to locks, doors, gates, and entrance automation.

Since 1994, ASSA ABLOY has evolved from a regional lock manufacturer to a leader in access solutions. The company comprises 190 brands, including market leaders such as Yale, known for its home access and security systems, and HID, specializing in identification technologies.

According to the company, about 70% of total sales come from the core ASSA ABLOY brand, while 20% are attributed to HID and Yale.

This year is also a significant event for VEKA and GEALAN: the manufacturers of profile systems for windows and doors have been successfully cooperating for 10 years without a merger.

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