Assa Abloy agrees to buy Gunnebo Entrance Control

Reuters2026/08/03 06:01

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Assa Abloy agreed to buy Gunnebo Entrance Control, expanding its entrance systems offering in pedestrian access control.
Target had 2025 sales of about SEK 1.67 billion with a solid EBIT margin.
Gunnebo Entrance Control employs about 670 people, headquartered in Maresfield, UK, with manufacturing in Europe, the US, and Asia.
Business will be added to the Pedestrian segment within Assa Abloy’s Entrance Systems division.
Closing is expected in Q4 2026; the deal is expected to be slightly dilutive to earnings per share initially.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Assa Abloy AB published the original content used to generate this news brief via Cision (Ref. ID: 202608030200BITN____UKPR__SV_20260802-BIT-3597-0) on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Assa Abloy agrees to buy Gunnebo Entrance Control

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