ASSA ABLOY has acquired Portsystem 2000, one of Sweden's leading
manufacturers of industrial doors
(Thomson Reuters ONE) - ASSA ABLOY has acquired Portsystem 2000, specialized in end-userapplications of industrial doors and docking systems. The company isheadquartered in Habo close to Jönköping, Sweden.Portsystem 2000 was founded in 1987 and has regional offices in Habo,Stockholm, Gothenburg and Malmö. With its 80 employees the company isexpected to reach a turnover of about SEK 125 M in 2009."With this acquisition we continue the very positive expansion phasein our Entrance Systems Division both in terms of sales channels,products and services" says Johan Molin, President and CEO of ASSAABLOY."Portsystem 2000 offers an attractive fit with the Besam model ofserving large logistics and retail companies with customization andservice of entrance automation applications such as automatic doors,industrial doors and docking stations" says Juan Vargues, ExecutiveVice President of ASSA ABLOY and Head of Division Entrance Systems.The acquisition will be EPS accretive from start.For more information, please contact:Johan Molin, President and CEO, tel no: +46 8 506 485 42Tomas Eliasson, CFO and Executive Vice President, tel no: +46 8 506485 72http://hugin.info/1014/R/1354906/328670.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 13.11.2009 - 12:30 Uhr
Sprache: Deutsch
News-ID 8371
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