ASSA ABLOY Welcomes Roger to Its Family
In an exciting development for the industry, ASSA ABLOY has acquired Roger Sp. z o.o. sp.k., a prominent Polish manufacturer renowned for its innovative on-premise electronic access control systems and related hardware. This strategic move is part of ASSA ABLOY's ongoing commitment to enhance its product portfolio and provide cutting-edge solutions to its clients.
Leadership Insights on the Acquisition
Nico Delvaux, the President and CEO of ASSA ABLOY, expressed his enthusiasm about the acquisition, stating, "I look forward to welcoming Roger into the ASSA ABLOY Group. This acquisition delivers on our strategy to add complementary products and solutions to our core business." Delvaux's words highlight the significance of this acquisition for the broader vision of ASSA ABLOY.
The Strength of Roger in the Market
Roger, established in 1991, boasts over 30 years of experience in the electronic access control sector. Trusted by more than 5 million users, the company has built a solid reputation in Poland as a reliable provider of effective security solutions. Neil Vann, Executive Vice President and Head of the EMEIA Division at ASSA ABLOY, acknowledged Roger's substantial reputation, stating, "The team has a solid track record of innovation and is a valuable addition to our business." This reinforces the positive outlook of Roger merging into a larger, globally recognized entity.
Financial Overview and Future Prospects
With approximately 100 employees and a main office and assembly facility located in Gosciszewo, Roger generated sales amounting to about MPLN 42 (which translates to approximately MSEK 110) in 2023. The company enjoys a strong EBIT margin, positioning it favorably within the industry. ASSA ABLOY anticipates that this acquisition will be accretive to Earnings Per Share (EPS) from the onset, showcasing the potential for immediate positive impact.
Continuing Commitment to Innovation
ASSA ABLOY is committed to being the global leader in access solutions, employing 61,000 individuals and generating an impressive SEK 141 billion in sales. The company operates across various sectors, including efficient door openings, trusted identities, and entrance automation. Through persistent innovation, ASSA ABLOY aims to make access secure and seamless for billions worldwide.
Maintaining Close Connections
If you would like to learn more about ASSA ABLOY and its latest news, you can get in touch with the leadership team. Nico Delvaux can be reached at +46 8 506 485 82, while Erik Pieder, CFO, is available at +46 8 506 485 72. For investor inquiries, Björn Tibell can be contacted at +46 70 275 67 68.
Frequently Asked Questions
What is the significance of ASSA ABLOY acquiring Roger?
The acquisition of Roger enhances ASSA ABLOY's product offerings in electronic access control solutions and strengthens its position in the global market.
How long has Roger been in the business?
Roger was established in 1991, giving it over 30 years of experience in the electronic access control industry.
What do industry leaders say about this acquisition?
Leaders such as Nico Delvaux and Neil Vann have expressed strong optimism about integrating Roger's innovative solutions with ASSA ABLOY's offerings.
What are Roger's financial performance indicators?
Roger reported sales of approximately MPLN 42 in 2023, along with a robust EBIT margin, indicating healthy financial status.
What is ASSA ABLOY’s global presence?
ASSA ABLOY operates globally with around 61,000 employees and is a leading company in various access solution sectors.
