Assa Abloy
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| Type | Public (OMX: ASSA B) |
|---|---|
| Founded | 1994 |
| Headquarters | Stockholm, Sweden |
| Key people | Gustaf Douglas (Chairman of the board), Johan Molin (President and CEO) |
| Industry | Manufacturing and services |
| Products | Locks, automatic and security doors |
| Revenue | SEK 34,918 million (2008)[1] |
| Operating income | ▲ SEK 4,269 million (2008)[1] |
| Profit | ▲ SEK 2,413 million (2008)[1] |
| Employees | 32,720 (2008)[1] |
| Website | www.assaabloy.com |
The ASSA ABLOY Group is a Swedish company. The group is the world's leading manufacturer and supplier of locks[citation needed]. ASSA ABLOY was formed in 1994 when ASSA AB was detached from Swedish security firm Securitas AB. Shortly thereafter the Finnish high-security lock manufacturer Abloy Oy (a subsidiary of the Finnish company Wärtsilä) was acquired. The company was introduced to the Stockholm stock exchange later the same year. ASSA ABLOY now owns Yale lock, Sargent and the high-security lock firms of Medeco in the U.S., Mul-T-Lock in Israel, Fichet in France, and VingCard Elsafe in Norway. It is controlled by Gustaf Douglas through his company Latour.
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[edit] Name
ASSA stands for August Stenman Stenman August [2]
The name Abloy comes from Swedish-Finnish bilingual organisation Ab Låsfabriken Lukkotehdas Oy (first Ltd. and Låsfabriken from Swedish language, last Ltd. and Lukkotehdas from Finnish language), meaning Ltd. Lock Factory Lock Factory Ltd. in 1918 and in the next year Ab Lukko Oy, meaning Ltd. Lock Ltd. In 1990 the name was changed to Abloy Oy.
Abloy produces an extensive line of high-security disc tumbler locks.
[edit] Brands
A selection of brands owned by Assa Abloy
- Finnish
- Abloy
- American
- Arrow Lock and Door Hardware
- CORBIN RUSSWIN
- CURRIES
- GRAHAM
- CECO
- Fargo Electronics
- FLEMMING
- FOLGER ADAM
- HES
- HID
- EMTEK
- Medeco
- MCKINNEY
- NORTON
- PEMKO
- RIXSON
- ROCKWOOD MANUFACTURING
- SARGENT
- SECURITRON
- TImelox
- Interlock USA Inc.
- Yale
- Australian
- Lockwood
- Whitco
- Trimec
- Padde
- British
- Chubb
- UNION
- Denmark
- Ruko A/S
- Besam
- Dutch
- NEMEF
- LIPS
- French
- Fichet
- JPM
- Laperche
- Vachette
- German
- IKON
- KESO
- Effeff
- Israeli
- Mul-T-Lock
- Norwegian
- TrioVing
- VingCard
- Elsafe
- Swedish
- Spanish
- Azbe
- Tesa
[edit] See also
[edit] References
- ^ a b c d "Annual Results 2008". Assa Abloy. http://www.assaabloy.com/Global/Investor_relations/QuarterlyReports/2008/EN/Year-end%20report%202008.pdf. Retrieved on 2009-03-10.
- ^ Assa Abloy: History
[edit] External links
- Assa Abloy - Official site
- Yahoo! - ASSA ABLOY AB Company Profile
- [1]-Assa Official site.
- [2]-ASSA Key Solutions Official site.
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