Assa Abloy Buys Sargent And Greenleaf
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Assa Abloy, a Swedish company, has acquired Sargent and Greenleaf, an American provider of high-security locking solutions. The acquisition aims to strengthen Assa Abloy's position in mature markets by adding complementary products. Sargent and Greenleaf reported sales of $45 million in 2024. The acquisition is expected to enhance Assa Abloy's earnings.
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