"I am very pleased to welcome Leone Fence into the
"The acquisition of Leone Fence presents an exciting opportunity within our Perimeter Security offering. By combining our core competencies, we can strengthen our ability to quickly enter the market, develop new products, and expand our overall presence in the Canadian market," says
Leone Fence was founded in 1975 and has some 60 employees. The main office and factory are located in
Sales for 2022 amounted to about MCAD 39 (approx. MSEK 300) with a strong EBIT-margin. The acquisition will be accretive to EPS from the start.
For more information, please contact:
Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72
Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68, e-mail: bjorn.tibell@assaabloy.com
About ASSA ABLOY
https://news.cision.com/assa-abloy/r/assa-abloy-acquires-leone-fence-in-canada,c3888101
https://mb.cision.com/Main/7333/3888101/2473935.pdf
https://news.cision.com/assa-abloy/i/leone-fence-image,c3245954
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