ASSA on Nasdaq Stockholm AB

Assa Abloy

Logo: Vector version: Stoffe at brandsoftheworld.com Original: Assa Abloy, Public domain, via Wikimedia Commons4

Swedish physical security conglomerate

Assa Abloy AB is a Swedish company that sells products and services related to locks, doors, gates, and entrance automation, as well as controlling access and confirming identities with keys, cards, tags, mobile, and biometric identity verification systems. The company was formed in 1994, when Assa AB was separated from Swedish security firm Securitas AB. Shortly thereafter, Assa AB merged with the Finnish high security lock manufacturer Abloy Oy (based in Joensuu, a then subsidiary of the Finnish company Wärtsilä).3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

1994Founded1

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  • TickerASSA on Nasdaq Stockholm AB1
  • Industryindustrial manufacturing1
  • HeadquartersStockholm1
  • Websitewww.assaabloy.com
  • Legal formaktiebolag1
  • Listed onOTC Markets Group (ASAZF), Nasdaq Stockholm AB (ASSA)1
  • Incorporated inOR5
  • Business address110 Sargent Drive, New Haven, Ct 065115

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Assa Abloy AB is a Swedish company that sells products and services related to locks, doors, gates, and entrance automation, as well as controlling access and confirming identities with keys, cards, tags, mobile, and biometric identity verification systems.3

How it started

Founding, growth and development

Assa Abloy was formed in 1994, through the merger of Swedish firm ASSA and Finnish high security lock manufacturer Abloy. The company was introduced to the Stockholm Stock Exchange later the same year.

From a regional company with 4,700 employees in 1994, Assa Abloy has become a global group with 61,000 employees in 2023. The company has grown its revenue by more than 9% annually and operates now in over 70 countries.

Revenue in 2022 was SEK 120,793 M. Sales revenue in 2023 was 140,716 M. The increase of 16% was a third due to the effects of the exchange rate.

From Wikipedia’s article on Assa Abloy, shared under CC BY-SA 4.0.3

Products and brands

  • lock

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries

  • Assa Abloy (United Kingdom)
  • Besam
  • Fichet Security Solutions France
  • HID Global
  • Mul-T-Lock
  • SKIDATA
  • TrioVing
  • Vachette
  • Traka since 2012
  • KEYper Systems since 2019
  • Kwikset since 2023

Also owns

  • Medeco since 1998

From Wikidata.1

Acquisitions

  1. 2023Acquired Kwikset1
  2. 2019Acquired KEYper Systems1
  3. 2012Acquired Traka1
  4. 2004Acquired TrioVing1
  5. 1998Acquired Medeco1

Timeline

  1. Nov 8, 1994Went public Listed on Nasdaq Stockholm AB1
  2. 1994Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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