ASSA ABLOY Expands Access Solutions with Roger Acquisition
ASSA ABLOY Acquires Roger Sp. z o.o. Sp.k.
In a strategic move, ASSA ABLOY has acquired Roger Sp. z o.o. sp.k., a prominent Polish manufacturer specializing in electronic access control systems and supplementary hardware. This acquisition aligns with ASSA ABLOY's mission to broaden its portfolio of innovative security solutions while reinforcing its leadership position in the global access solutions market.
Leadership Vision for the Future
During the announcement, Nico Delvaux, President and CEO of ASSA ABLOY, expressed enthusiasm about welcoming Roger into the ASSA ABLOY family. He emphasized that this acquisition enhances their strategy of integrating complementary products and solutions into their core business offerings.
Neil Vann, Executive Vice President of ASSA ABLOY and Head of EMEIA Division, added that Roger has established a significant presence in the market over its 30-year history. With more than 5 million users relying on their systems, Roger’s reputation as a trustworthy provider of electronic access control is a substantial asset to ASSA ABLOY's ongoing growth.
About Roger and Its Market Impact
Founded in 1991, Roger employs around 100 dedicated professionals. Its main office and assembly facility is housed in Gosciszewo, Poland. Roger's renowned electronic access control systems combine security and convenience, making them a vital part of many businesses' security strategies.
For 2023, Roger reported impressive sales figures amounting to approximately MPLN 42 (around MSEK 110), boasting a strong EBIT margin. The acquisition is projected to positively impact ASSA ABLOY's earnings per share from the outset.
Commitment to Innovation and Security
ASSA ABLOY reinforces its commitment to ensuring safe, secure, and user-friendly access to physical and digital spaces worldwide with the addition of Roger. As the world shifts towards increased connectivity and digital access, acquiring innovative companies like Roger demonstrates ASSA ABLOY's proactive approach to evolving market demands.
With a strong focus on research and development, ASSA ABLOY ensures its position at the forefront of the access solutions industry. The inclusion of Roger's products not only enhances their portfolio but also complements their existing technologies and solutions.
About ASSA ABLOY Group
The ASSA ABLOY Group is recognized as the global leader in access solutions, providing secure, efficient door openings, trusted identities, and entrance automation. With a workforce of 61,000 employees and a total revenue of SEK 141 billion, the group significantly contributes to improving security and customer experience worldwide. Innovations from ASSA ABLOY play a crucial role in accessibility, helping billions of people navigate their environments safely and conveniently.
Frequently Asked Questions
What products does ASSA ABLOY offer?
ASSA ABLOY provides access solutions, including efficient door openings, trusted identities, and entrance automation systems.
Where is Roger located?
Roger operates from Gosciszewo, Poland, housing its main office and assembly facility there.
How will the acquisition impact ASSA ABLOY's earnings?
The acquisition of Roger is expected to be accretive to ASSA ABLOY's earnings per share right from the start.
What is Roger known for?
Roger has a reliable reputation in the market as a provider of electronic access control systems, trusted by over 5 million users.
Why is innovation important to ASSA ABLOY?
Innovation is vital for ASSA ABLOY to stay ahead of customer needs, enhance security, and develop cutting-edge access solutions that address evolving market dynamics.
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