HKC was established in 1991 and has approximately 45 employees. The head office is located in Dublin, Ireland. Sales for 2018 are expected to reach €18 million (approx. SEK 180 million) with a good EBIT margin and the acquisition will be accretive to EPS from start.
“I am very pleased to welcome HKC into the ASSA ABLOY Group. HKC offers a comprehensive portfolio of wired and wireless alarm products as well as monitoring solutions that in a very good way complements the ASSA ABLOY offering in the Irish market,” Nico Delvaux, president and CEO of ASSA ABLOY, said.