ASSA ABLOY Expands Portfolio with Metal Products Inc. Acquisition

Author: Thomas Cooper Updated: 10-27-2025 04:13 AM

ASSA ABLOY Acquires Metal Products Inc.

ASSA ABLOY has announced the acquisition of Metal Products Inc., a leading manufacturer of custom hollow metal doors and frames. This strategic move aims to reinforce ASSA ABLOY's position in the market by adding complementary product offerings and enhancing their existing solutions.

Strengthening Business Strategies

Nico Delvaux, the President and CEO of ASSA ABLOY, expressed enthusiasm about welcoming Metal Products Inc. to the ASSA ABLOY family. He stated that this acquisition significantly contributes to the company’s strategy of bolstering its standing in mature markets.

Commentary from the Leadership

Lucas Boselli, Executive Vice President and Head of the Americas Division at ASSA ABLOY, praised MPI for its solid reputation within the industry, which stems from its reliable delivery and commitment to customer satisfaction. He emphasized that the exceptional lead times for custom metal doors and the company’s strategic location in the US greatly enhance their offerings and improve customer service.

Details About Metal Products Inc.

Founded in 1980, Metal Products Inc. employs approximately 170 individuals and has developed a robust presence in the market. The company is primarily engaged in the manufacturing of high-quality custom hollow metal doors and frames, making it a key player in the industry.

Financial Insights

For the upcoming period, Metal Products Inc. anticipates revenues around MUSD 22, which translates to approximately MSEK 230, while maintaining a healthy EBIT margin. This acquisition is set to benefit ASSA ABLOY from the start, positively impacting earnings per share (EPS).

About ASSA ABLOY

ASSA ABLOY stands as a global leader in providing access solutions, helping countless individuals feel secure daily. With a workforce of 63,000 employees and impressive sales of SEK 150 billion, the company is well-positioned in areas such as efficient door openings, trusted identities, and entrance automation.

Contact Information

For further inquiries regarding this acquisition, please reach out to:
Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82
Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72
Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68

Frequently Asked Questions

What is the main benefit of ASSA ABLOY's acquisition?

The acquisition of Metal Products Inc. strengthens ASSA ABLOY's product range and improves customer service capabilities.

When was Metal Products Inc. founded?

Metal Products Inc. was established in 1980.

How many employees does Metal Products Inc. have?

Approximately 170 individuals are employed at Metal Products Inc.

What revenue is expected for Metal Products Inc. in 2024?

Metal Products Inc. expects revenues of around MUSD 22, or approximately MSEK 230.

Who is the CEO of ASSA ABLOY?

Nico Delvaux serves as the President and CEO of ASSA ABLOY.

About The Author

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