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ASSA ABLOY acquires HKC
» » ASSA ABLOY HAS
acquired HKC, a leading
manufacturer of professional
fit, wired and wireless alarms
and cloud-based monitoring
solutions for both the
residential and commercial
markets, based in Ireland.
ASSA ABLOY is an
international group with
around 47,000 employees
and has global sales close to
£6.4 billion. In the UK, ASSA
ABLOY is best known for
the Yale and UNION brands
and has its Head Office and
main manufacturing centre in
Willenhall.
Given the strong
commercial synergies
between HKC and ASSA
ABLOY Limited, the acquisition
will create opportunities for
growth while allowing both
businesses to deliver greater
value to their customers, by
offering a wider and more
innovative product range.
HKC will continue to operate
as an autonomous business as
part of ASSA ABLOY, retaining
the existing strong commercial
and operational team that has
made