ASSA ABLOY acquires Messerschmitt Systems in Germany [Yahoo! Finance]
ASSA ABLOY UNSP/ADR (ASAZY)
NASDAQ:AMEX Investor Relations:
assaabloy.com/en/com/investors
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Source: Yahoo! Finance
control hardware and software solutions for the hospitality market including products for access control and in-room control. "I am very pleased to welcome Messerschmitt Systems into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in developed markets through adding complementary products and solutions to our core business," says Nico Delvaux , President and CEO of ASSA ABLOY. "Messerschmitt Systems has a long history in hospitality access control and has developed an attractive product portfolio which complements our existing solution offering for our customers. The acquisition provides synergy opportunities and an attractive potential to accelerate our growth in the DACH region and Middle East . I am delighted to welcome the team to Global Solutions," says Stephanie Ordan , Executive Vice President and Head of Global Technologies business unit Global Solutions. Messerschmitt Systems was founded in 1985 and has some 100 employees. The
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