» DR. ALEX NEILSEN replaces Nicola John, Managing Director of FDM by UAP Ltd, as Armadillo Metal |
Coatings’ Managing Director following the company’ s acquisition by Allegion plc.
Armadillo specialises in advanced coating technologies designed to enhance durability and hygiene across healthcare, commercial, residential environments, and more. Neilsen is the driving force behind UAP’ s Armasmart, the industry’ s first hardware range that eliminates > 99 % of viruses and bacteria, including COVID-19, E. Coli
|
and S. Aureus( e. g. MRSA). The patented technology also prevents corrosion and tarnishing, offering a cleaner, safer, and longer-lasting solution.
Nielsen is leading Armasmart’ s extension beyond door hardware into ceramics, ventilation, and anti-mould surfaces; aimed at tackling hazardous mould and bacteria growth in social housing and construction following recent UK regulatory changes.
|
Dr Alex Neilsen, Managing Director of Armadillo, said:“ Leading Armadillo provides an opportunity to build on the foundations we established and take our innovations further. With the backing of UAP and Allegion, we’ re focused on scaling production and expanding Armasmart into new materials and markets to deliver smarter, longer-lasting surface technologies for real-world applications.” |
|
» ASSA ABLOY HAS acquired Sargent and Greenleaf, a US manufacturer of high-security mechanical and electronic locking solutions and safe hardware.
“ I am very pleased to welcome Sargent and Greenleaf to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and
|
solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY.
“ Sargent and Greenleaf has set the benchmark for highsecurity locking solutions with decades of proven innovation and trusted performance,” says Lucas Boselli, Executive Vice President ASSA ABLOY and Head of the Americas Division.“ This acquisition strengthens our secure access portfolio and
|
brings Sargent and Greenleaf’ s renowned expertise closer to our customers. We’ re excited to explore new applications and growth opportunities across commercial, institutional, and high-security environments.”
Sargent and Greenleaf was founded in 1857 and has some 100 employees. The main office and factory are located in Nicholasville, Kentucky, USA.
|
Sales for 2024 amounted to about MUSD 45( approx. MSEK 470) with a good EBIT margin.
The acquisition will be accretive to EPS from the start.
www. assaabloy. com
|