ASSA ABLOY Expands North American Reach As Investors Weigh Valuation And Debt [Yahoo! Finance]
ASSA ABLOY UNSP/ADR (ASAZY)
NASDAQ:AMEX Investor Relations:
assaabloy.com/en/com/investors
Company Research
Source: Yahoo! Finance
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. ASSA ABLOY (OM:ASSA B) has expanded in North America through acquisitions of Sam's Garage Doors in Canada and Sennco Solutions in the US. The Sam's Garage Doors deal increases ASSA ABLOY's presence in Western Canada and broadens service coverage in the greater Vancouver area. The Sennco Solutions acquisition adds to ASSA ABLOY's retail and asset protection offering in the US market. For investors, a key point is that ASSA ABLOY is adding more local scale and service capability rather than only selling more hardware. The group is already known for door opening and security solutions, and these moves fit within that core activity. North America is a large market for physical security, and local service providers can be an important part of how customers choose vendors. The acquisitions of Sam's Garage Doors and Sennco Solutions give ASSA
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News
- Assa Abloy (ASAZY) was upgraded by Barclays PLC from "hold" to "strong-buy".MarketBeat
- ASSA ABLOY acquires Sam's Garage Doors in Canada [Yahoo! Finance]Yahoo! Finance
- ASSA ABLOY acquires Sennco Solutions in the US [Yahoo! Finance]Yahoo! Finance
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