ASSA ABLOY Acquires Mauer in Bulgaria

STOCKHOLM–(BUSINESS WIRE)–Regulatory News: ASSA ABLOY (STO:ASSAB) ASSA ABLOY has acquired Mauer, a leading manufacturer of cylinders and locks and a leading supplier of locking products in Bulgaria. “I am very pleased to welcome Mauer into the ASSA ABLOY Group. The acquisition of Mauer delivers on our strategy to grow our presence in emerging markets”, says Johan Molin, President and CEO of ASSA ABLOY. ā€¯Mauer is an innovative business, especially in relation to cylinders, with a strong track
Source: BusinessWire-Primary

ASSA ABLOY Acquires Mauer in Bulgaria