09.05.19
ASSA ABLOY has acquired LifeSafety Power, a US supplier of smart integrated access control power solutions for OEMs, integrators and end-users.
LifeSafety Power was established in 2009 and has some 65 employees.
The main office is located in Libertyville, IL.
Sales for 2019 are expected to reach about $30 million (approx. SEK 290 million) with a good EBIT margin and the acquisition will be accretive to EPS from start.
LifeSafety Power was established in 2009 and has some 65 employees.
The main office is located in Libertyville, IL.
Sales for 2019 are expected to reach about $30 million (approx. SEK 290 million) with a good EBIT margin and the acquisition will be accretive to EPS from start.