Assa Abloy
Encyclopedia
The Assa Abloy Group is a Swedish
lock
manufacturer, the world's largest by sales. Assa Abloy was formed in 1994 when ASSA AB was detached from Swedish security firm Securitas AB
. Shortly thereafter the Finnish
high-security lock manufacturer Abloy Oy (a subsidiary of the Finnish company Wärtsilä
) was acquired. The company was introduced to the Stockholm stock exchange later the same year. Assa Abloy now owns Yale lock, Sargent and the high-security lock firms of Medeco
in the U.S., Mul-T-Lock in Israel
, Fichet-Bauche in France
, and VingCard Elsafe International in Norway. It is controlled by Gustaf Douglas
through his company Latour
.
The name Abloy comes from Swedish-Finnish bilingual organisation Ab
Låsfabriken Lukkotehdas Oy
(first Ltd. and Låsfabriken from Swedish language
, last Ltd. and Lukkotehdas from Finnish language
), meaning Ltd. Lock Factory Lock Factory Ltd. in 1918 and in the next year Ab Lukko Oy, meaning Ltd. Lock Ltd. In 1990 the name was changed to Abloy Oy.
mechanism, and ASSA Abloy continues to produce an extensive line of these high-security locks with the brand Abloy.
Sweden
Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....
lock
Lock (device)
A lock is a mechanical or electronic fastening device that is released by a physical object or secret information , or combination of more than one of these....
manufacturer, the world's largest by sales. Assa Abloy was formed in 1994 when ASSA AB was detached from Swedish security firm Securitas AB
Securitas AB
Securitas AB is a security services , monitoring, consulting and investigation group, based in Stockholm, Sweden. The group has approximately 300,000 employees in 50 countries in North America, Europe, Latin America, Asia, the Middle East and Africa. Securitas AB is listed at Nasdaq OMX Stockholm,...
. Shortly thereafter the Finnish
Finland
Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...
high-security lock manufacturer Abloy Oy (a subsidiary of the Finnish company Wärtsilä
Wärtsilä
Wärtsilä is a Finnish corporation which manufactures and services power sources and other equipment in the marine and energy markets. The core products of Wärtsilä include large combustion engines...
) was acquired. The company was introduced to the Stockholm stock exchange later the same year. Assa Abloy now owns Yale lock, Sargent and the high-security lock firms of Medeco
Medeco
Medeco is a lock manufacturer. Both the factory and administrative offices are located in Roanoke County, Virginia near Salem. Medeco is a subsidiary of the Swedish Assa Abloy Group.- History :...
in the U.S., Mul-T-Lock in Israel
Israel
The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...
, Fichet-Bauche in France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
, and VingCard Elsafe International in Norway. It is controlled by Gustaf Douglas
Gustaf Douglas
Count Gustaf Archibald Siegwart Douglas is a Swedish businessman and politician, member of the Royal Swedish Academy of Engineering Sciences since 2007....
through his company Latour
Investment AB Latour
Investment AB Latour is the investment company controlled by Swedish businessman Gustaf Douglas and family.Through the company Douglas controls, inter alia, security firm Securitas AB and the world-leading lock producer Assa Abloy. Gustaf Douglas is the chairman of the company. His wife and one of...
.
Name
ASSA stands for August Stenman Stenman August.The name Abloy comes from Swedish-Finnish bilingual organisation Ab
Aktiebolag
Aktiebolag is the Swedish term for "limited company" or "corporation". When used in company names, it is abbreviated "AB" or "Ab"...
Låsfabriken Lukkotehdas Oy
Osakeyhtiö
Osakeyhtiö, literally a "stock company", is the Finnish equivalent of a limited company or Gesellschaft mit beschränkter Haftung . It is abbreviated to Oy and is used either before or after the company's name, sometimes with the addition of the Finland-Swedish equivalent Ab...
(first Ltd. and Låsfabriken from Swedish language
Swedish language
Swedish is a North Germanic language, spoken by approximately 10 million people, predominantly in Sweden and parts of Finland, especially along its coast and on the Åland islands. It is largely mutually intelligible with Norwegian and Danish...
, last Ltd. and Lukkotehdas from Finnish language
Finnish language
Finnish is the language spoken by the majority of the population in Finland Primarily for use by restaurant menus and by ethnic Finns outside Finland. It is one of the two official languages of Finland and an official minority language in Sweden. In Sweden, both standard Finnish and Meänkieli, a...
), meaning Ltd. Lock Factory Lock Factory Ltd. in 1918 and in the next year Ab Lukko Oy, meaning Ltd. Lock Ltd. In 1990 the name was changed to Abloy Oy.
Organization
- Assa Abloy has five divisions – EMEA, Americas, Asia-Pacific, Global Technologies and Entrance Systems.
- The EMEA division operates in Europe, the Middle East and Africa (EMEA). Example of brands: ABLOY, ASSA, Chubb, IKON, TESA, Yale and Vachette. The divisional management is based in London, United Kingdom.
- The Americas division operates in North and South America. Example of brands: Corbin Russwin, Curries, Emtek, Medeco, Phillips, SARGENT and La Fonte. The divisional management is based in New Haven, Connecticut, USA.
- The Asia-Pacific division operates in Asia and Oceania. Example of brands: Lockwood, Guli, Wangli, Baodean, Tianming, Shenfei, Interlock and iRevo. The divisional management is based in Hong Kong, China.
- The Global Technologies division operates globally. It’s business unit HID Global manufactures and sells products for electronic access control, secure issuance of cards, identification technology. It’s business unit Assa Abloy Hospitality manufactures, sells and service electronic lock products and software for hotels and cruise ships. Example of brands: HID, Fargo, Elsafe and VingCard.
- The Entrance Systems division manufactures, sells and service automatic door systems. Example of brands: Besam, EntreMatic and Ditec. The divisional management is based in Landskrona, Sweden.
History
The Assa Abloy Group was formed in 1994 when ASSA AB was detached from Swedish security company Securitas AB. Shortly thereafter the Finnish high-security lock manufacturer Abloy Oy, a subsidiary of the Finnish company Wärtsilä, was acquired. The company was introduced to the Stockholm Stock Exchange later the same year.- 1996 - The acquisition of Essex positioned Assa Abloy in the U.S. electronic security market
- 1999 - The acquisition of Effeff Fritz Fuss in Germany enabled Assa Abloy to sell electromechanical locks to the German market. Assa Abloy acquires Fichet in France, manufacturer of high security locks.
- 2000 – The global lock group Yale Intruder Security is acquired. Assa Abloy acquires HID, a proximity identification access controls company. The acquisition added electronic identification to the Assa Abloy’s product portfolio.
- 2001 – Assa Abloy participates in Volvo Ocean RaceVolvo Ocean RaceThe Volvo Ocean Race is a yacht race around the world, held every three years. It is named after its current owner, Volvo...
. - 2002 – Finish at second in the Volvo Ocean RaceVolvo Ocean RaceThe Volvo Ocean Race is a yacht race around the world, held every three years. It is named after its current owner, Volvo...
. BesamBesamBesam is an international supplier and manufacturer of automatic entrance equipment for commercial, health care and residential buildings. The present product portfolio includes automatic swing doors, sliding doors and revolving doors, as well as air curtains and dedicated service and...
, a Swedish automatic door solutions company is acquired. - 2003 - Carl-Henric SvanbergCarl-Henric SvanbergCarl-Henric Svanberg, born on May 29 1952 in Porjus, Sweden, is a businessman and current Chairman of BP.-Life and career:Svanberg holds a Master's degree in Applied Physics from the Linköping Institute of Technology and a Bachelor's degree in Business Administration from Uppsala University...
leaves his position as President and CEO of Assa Abloy for a position as President and CEO of telecommunications company Ericsson and is replaced by Bo Dankis. - 2005 - Bo Dankis leaves his position as President and CEO of Assa Abloy and is replaced by Johan Molin, previous president of the industrial group Nilfisk-Advance Nilfisk.
- 2006 - Fargo Electronics is acquired. Fargo develops systems for safe issuing of ID cards, including card printers, peripheral equipment and software.
- 2007 - Baodean manufacturer of high-security locks in China and iRevo, supplier of digital door locks in Korea are acquired. In 2007, in total, seventeen companies joined the Group.
- 2008 – In total Assa Abloy acquired 18 companies, for example ShenFei in China.
- 2009 - Italian door automation manufacturer, Ditec, is acquired.
- 2010 - A minority share of German/Swiss door company Reckord is acquired
- 2011 - Crawford and Flexiforce are acquired.
Locks
Emil Henriksson, the founder of Abloy, invented the disc tumbler lockDisc tumbler lock
A disc tumbler lock or Abloy Disklock is a lock composed of slotted rotating detainer discs. A specially cut key rotates these discs like the tumblers of a safe to align the slots, allowing the sidebar to drop into the slots, thus opening the lock. Unlike a wafer tumbler lock or a pin tumbler...
mechanism, and ASSA Abloy continues to produce an extensive line of these high-security locks with the brand Abloy.
Brands
A selection of brands owned by Assa Abloy- Finnish
- Abloy
- Abloy Exec
- Abloy Protec
- Abloy
- American
- Arrow Lock and Door Hardware
- Corbin Russwin
- Curries
- Graham
- Ceco
- Fargo Electronics
- Flemming
- Folger Adam
- Hes
- HID
- Emtek
- MedecoMedecoMedeco is a lock manufacturer. Both the factory and administrative offices are located in Roanoke County, Virginia near Salem. Medeco is a subsidiary of the Swedish Assa Abloy Group.- History :...
- McKinney
- Norton
- Pemko
- Rixson
- Rockwood Manufacturing
- Sargent
- Securitron
- TImelox
- Interlock USA Inc.
- Yale
- Australian
- Lockwood
- Whitco
- Trimec
- Padde
- British
- ChubbChubb LocksChubb Locks is a brand name of the Mul-T-Lock subsidiary of the Assa Abloy Group, which manufactures high security locking systems for residential, secure confinement and commercial applications.-History:...
- Union
- Chubb
- Danish
- Ruko A/S
- Besam
- Dutch
- Nemef
- LIPS
- French
- Fichet
- JPM
- Laperche
- Vachette
- German
- Ikon
- Keso
- Effeff
- Israeli
- Mul-T-Lock
- Norwegian
- TrioVing
- VingCard
- Elsafe
- Romanian
- Urbis
- Swedish
- ASSA
- BesamBesamBesam is an international supplier and manufacturer of automatic entrance equipment for commercial, health care and residential buildings. The present product portfolio includes automatic swing doors, sliding doors and revolving doors, as well as air curtains and dedicated service and...
- Spanish
- Azbe
- Tesa
External links
- Yahoo.com, Assa Abloy AB Company Profile