Assa

ASSA ABLOY acquires Olimpia Hardware

Retrieved on: 
Friday, October 2, 2020
Assa Abloy, Wärtsilä, Assa, Assa, Yachting, Boating, Sailing yachts

STOCKHOLM, Oct. 2, 2020 /PRNewswire/ -- ASSA ABLOY has acquired Olimpia Hardware, a leading glass hardware and accessories brand in Latin America and the Caribbean.

Key Points: 
  • STOCKHOLM, Oct. 2, 2020 /PRNewswire/ -- ASSA ABLOY has acquired Olimpia Hardware, a leading glass hardware and accessories brand in Latin America and the Caribbean.
  • "I am very pleased to welcome Olimpia into the ASSA ABLOY Group.
  • This constitutes an important next step in our strategy to grow market leadership in emerging markets," says Nico Delvaux, President and CEO of ASSA ABLOY.
  • ASSA ABLOY will continue to sell Olimpia branded products across the region.

ASSA ABLOY acquires Olimpia Hardware

Retrieved on: 
Friday, October 2, 2020
Assa Abloy, Wärtsilä, Assa, Assa, Yachting, Boating, Sailing yachts

STOCKHOLM, Oct. 2, 2020 /PRNewswire/ -- ASSA ABLOY has acquired Olimpia Hardware, a leading glass hardware and accessories brand in Latin America and the Caribbean.

Key Points: 
  • STOCKHOLM, Oct. 2, 2020 /PRNewswire/ -- ASSA ABLOY has acquired Olimpia Hardware, a leading glass hardware and accessories brand in Latin America and the Caribbean.
  • "I am very pleased to welcome Olimpia into the ASSA ABLOY Group.
  • This constitutes an important next step in our strategy to grow market leadership in emerging markets," says Nico Delvaux, President and CEO of ASSA ABLOY.
  • ASSA ABLOY will continue to sell Olimpia branded products across the region.

Opening of the simplified public tender offer initiated by ASSA ABLOY for the remaining outstanding shares of agta record

Retrieved on: 
Thursday, September 17, 2020
Corporate law, Squeeze-out, Stock market, Agta, Assa Abloy, Assa, Assa, Euronext, Companies, Aeta languages, Business

STOCKHOLM, Sept. 17, 2020 /PRNewswire/ -- The simplified public tender offer launched by ASSA ABLOY on the remaining shares of agta record ag ("agta record") at the price of 70.58 EUR per share (the "Offer") opens today for a period of ten trading days.

Key Points: 
  • STOCKHOLM, Sept. 17, 2020 /PRNewswire/ -- The simplified public tender offer launched by ASSA ABLOY on the remaining shares of agta record ag ("agta record") at the price of 70.58 EUR per share (the "Offer") opens today for a period of ten trading days.
  • The Offer will be followed by the delisting of the agta record shares from Euronext Paris.
  • No squeeze-out procedure, or equivalent procedure, exists under French securities laws or Swiss securities laws applicable to agta record.
  • [1] Based on a total number of agta record shares of 13,334,200 (representing the same number of theoretical voting rights) minus 12,605,269 agta record shares directly and indirectly held by ASSA ABLOY as at 15 September 2020 and of 12,778 treasury shares held by agta record.

Opening of the simplified public tender offer initiated by ASSA ABLOY for the remaining outstanding shares of agta record

Retrieved on: 
Thursday, September 17, 2020
Corporate law, Squeeze-out, Stock market, Agta, Assa Abloy, Assa, Assa, Euronext, Companies, Aeta languages, Business

STOCKHOLM, Sept. 17, 2020 /PRNewswire/ -- The simplified public tender offer launched by ASSA ABLOY on the remaining shares of agta record ag ("agta record") at the price of 70.58 EUR per share (the "Offer") opens today for a period of ten trading days.

Key Points: 
  • STOCKHOLM, Sept. 17, 2020 /PRNewswire/ -- The simplified public tender offer launched by ASSA ABLOY on the remaining shares of agta record ag ("agta record") at the price of 70.58 EUR per share (the "Offer") opens today for a period of ten trading days.
  • The Offer will be followed by the delisting of the agta record shares from Euronext Paris.
  • No squeeze-out procedure, or equivalent procedure, exists under French securities laws or Swiss securities laws applicable to agta record.
  • [1] Based on a total number of agta record shares of 13,334,200 (representing the same number of theoretical voting rights) minus 12,605,269 agta record shares directly and indirectly held by ASSA ABLOY as at 15 September 2020 and of 12,778 treasury shares held by agta record.

HID Global Introduces HID ELEMENT For Superior Quality, High-Volume Industrial and Financial Card Printing

Retrieved on: 
Tuesday, September 15, 2020
Networks, Hardware, Data management, Consumer electronics, Technology, Mobile, Wireless, Other Technology, Security, HID Global, Assa Abloy, Identity documents, Contactless, Magnetic stripe card, Assa, HID, Assa, Companies, Economy

The HID ELEMENT portfolio delivers optimal card personalization and accommodates projects that require high-resolution UV ink printing, laser engraving or both.

Key Points: 
  • The HID ELEMENT portfolio delivers optimal card personalization and accommodates projects that require high-resolution UV ink printing, laser engraving or both.
  • Multiple card encoding options HID OMNIKEY or third-party (Smartware) contact and contactless reader and programmer functionality and magstripe support.
  • Headquartered in Austin, Texas, HID Global has over 4,000 employees worldwide and operates international offices that support more than 100 countries.
  • HID, HID Global, the HID Blue Brick logo and the Chain Design are trademarks or registered trademarks of HID Global, ASSA ABLOY AB, or its affiliates(s) in the US and other countries and may not be used without permission.

ASSA ABLOY sells CEDES in Switzerland to capiton AG

Retrieved on: 
Monday, September 7, 2020
Assa Abloy, Wärtsilä, Assa, Yachting, Assa, Boating, Sailing yachts

STOCKHOLM, Sept. 7, 2020 /PRNewswire/ -- ASSA ABLOY has signed an agreement to sell its sensor technology business CEDES in Switzerland to capiton AG.

Key Points: 
  • STOCKHOLM, Sept. 7, 2020 /PRNewswire/ -- ASSA ABLOY has signed an agreement to sell its sensor technology business CEDES in Switzerland to capiton AG.
  • CEDES was established in 1986 and has some 320 employees.
  • "I find it very satisfying that with capiton AG, CEDES and its employees and customers gain a committed long-term investor, creating new opportunities for the future and I wish them every success," says Nico Delvaux, President and CEO of ASSA ABLOY.
  • no: +46 8 506 485 72
    The ASSA ABLOY Group is the global leader in access solutions.

ASSA ABLOY sells CEDES in Switzerland to capiton AG

Retrieved on: 
Monday, September 7, 2020
Assa Abloy, Wärtsilä, Assa, Yachting, Assa, Boating, Sailing yachts

STOCKHOLM, Sept. 7, 2020 /PRNewswire/ -- ASSA ABLOY has signed an agreement to sell its sensor technology business CEDES in Switzerland to capiton AG.

Key Points: 
  • STOCKHOLM, Sept. 7, 2020 /PRNewswire/ -- ASSA ABLOY has signed an agreement to sell its sensor technology business CEDES in Switzerland to capiton AG.
  • CEDES was established in 1986 and has some 320 employees.
  • "I find it very satisfying that with capiton AG, CEDES and its employees and customers gain a committed long-term investor, creating new opportunities for the future and I wish them every success," says Nico Delvaux, President and CEO of ASSA ABLOY.
  • no: +46 8 506 485 72
    The ASSA ABLOY Group is the global leader in access solutions.

ASSA ABLOY's divestiture of certain businesses in relation to the acquisition of agta record completed

Retrieved on: 
Tuesday, September 1, 2020
Assa Abloy, Wärtsilä, Yachting, Assa, Assa, Boating, Sailing yachts

STOCKHOLM, Sept. 1, 2020 /PRNewswire/ --ASSA ABLOY has closed the sale to Italy based FAAC Group of certain agta record and ASSA ABLOY businesses, as part of the commitments to address the competition concerns of the EU Commission in connection with the acquisition of the Swiss company agta record (the "Divestiture").

Key Points: 
  • STOCKHOLM, Sept. 1, 2020 /PRNewswire/ --ASSA ABLOY has closed the sale to Italy based FAAC Group of certain agta record and ASSA ABLOY businesses, as part of the commitments to address the competition concerns of the EU Commission in connection with the acquisition of the Swiss company agta record (the "Divestiture").
  • The divested business includes the agta record operations in the Netherlands, Austria, Hungary and Slovenia, as well as the ASSA ABLOY automatic pedestrian door business in France and the UK.
  • In addition, agta record's high-speed door business located mainly in France is also included.
  • The divested business had a turnover in 2019 of approximately MEUR 93, representing about 20% of total initial added revenue.

ASSA ABLOY's divestiture of certain businesses in relation to the acquisition of agta record completed

Retrieved on: 
Tuesday, September 1, 2020
Assa Abloy, Wärtsilä, Yachting, Assa, Assa, Boating, Sailing yachts

STOCKHOLM, Sept. 1, 2020 /PRNewswire/ --ASSA ABLOY has closed the sale to Italy based FAAC Group of certain agta record and ASSA ABLOY businesses, as part of the commitments to address the competition concerns of the EU Commission in connection with the acquisition of the Swiss company agta record (the "Divestiture").

Key Points: 
  • STOCKHOLM, Sept. 1, 2020 /PRNewswire/ --ASSA ABLOY has closed the sale to Italy based FAAC Group of certain agta record and ASSA ABLOY businesses, as part of the commitments to address the competition concerns of the EU Commission in connection with the acquisition of the Swiss company agta record (the "Divestiture").
  • The divested business includes the agta record operations in the Netherlands, Austria, Hungary and Slovenia, as well as the ASSA ABLOY automatic pedestrian door business in France and the UK.
  • In addition, agta record's high-speed door business located mainly in France is also included.
  • The divested business had a turnover in 2019 of approximately MEUR 93, representing about 20% of total initial added revenue.

ASSA ABLOY files simplified public tender offer for the remaining outstanding shares of agta record

Retrieved on: 
Monday, August 24, 2020
Assa Abloy, Wärtsilä, Yachting, Assa, Assa, Euronext, Aeta people, Agta, Boating, Sailing yachts, Aeta languages

STOCKHOLM, Aug. 24, 2020 /PRNewswire/ -- ASSA ABLOY has today filed, with the French Financial Markets Authority (AMF), a proposed simplified public tender offer to purchase the remaining outstanding shares of the Swiss company agta record ag ("agta record") at a price of EUR 70.58 per agta record share (the "Offer").

Key Points: 
  • STOCKHOLM, Aug. 24, 2020 /PRNewswire/ -- ASSA ABLOY has today filed, with the French Financial Markets Authority (AMF), a proposed simplified public tender offer to purchase the remaining outstanding shares of the Swiss company agta record ag ("agta record") at a price of EUR 70.58 per agta record share (the "Offer").
  • ASSA ABLOY today announced that it has filed, via its indirectly and wholly owned subsidiary ASSA ABLOY Euro Holding AB, the draft tender offer document with the French Financial Markets Authority (AMF - Autorit des marchs financiers) relating to its proposed simplified public tender offer for the purchase of all of the remaining shares of agta record (Euronext Paris: AGTA) at an adjusted[1]purchase price of EUR 70.58 per share.
  • agta record has also today filed its draft offer document in response to ASSA ABLOY's Offer.
  • The Board of Directors of agta record, which was renewed after the completion of the acquisition by ASSA ABLOY of the 54% shareholding in agta record, has also unanimously recommended the Offer and has approved the application to Euronext Paris for the delisting of the agta record shares after the closing of the Offer.