Assa

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.

ASSA ABLOY's acquisition of majority stake in agta record completed

Retrieved on: 
Thursday, August 20, 2020
Assa Abloy, Wärtsilä, Negritos, Assa, Aeta people, Assa, Agta, Euronext, Shareholder, Business, Aeta languages, Companies

STOCKHOLM, Aug. 20, 2020 /PRNewswire/ -- ASSA ABLOY, previously a 39% shareholder in the Swiss company agta record ag ("agta record"), has completed the indirect acquisition of the 54% shareholding in agta record from the shareholders of Agta Finance (the "Acquisition").

Key Points: 
  • STOCKHOLM, Aug. 20, 2020 /PRNewswire/ -- ASSA ABLOY, previously a 39% shareholder in the Swiss company agta record ag ("agta record"), has completed the indirect acquisition of the 54% shareholding in agta record from the shareholders of Agta Finance (the "Acquisition").
  • ASSA ABLOY now owns approximately 93% of the share capital and voting rights of agta record.
  • The purchase price for the Acquisition amounts to approximately MEUR 506, equivalent to an adjusted[1]purchase price per agta record share of EUR 70.58.
  • As previously announced ASSA ABLOY will immediately after the Acquisition file a proposed simplified public tender offer for the remaining outstanding shares of agta record, listed on Euronext Paris, at an adjusted price of 70.58 EUR per agta record share (the "Offer").

ASSA ABLOY's acquisition of majority stake in agta record completed

Retrieved on: 
Thursday, August 20, 2020
Assa Abloy, Wärtsilä, Negritos, Assa, Aeta people, Assa, Agta, Euronext, Shareholder, Business, Aeta languages, Companies

STOCKHOLM, Aug. 20, 2020 /PRNewswire/ -- ASSA ABLOY, previously a 39% shareholder in the Swiss company agta record ag ("agta record"), has completed the indirect acquisition of the 54% shareholding in agta record from the shareholders of Agta Finance (the "Acquisition").

Key Points: 
  • STOCKHOLM, Aug. 20, 2020 /PRNewswire/ -- ASSA ABLOY, previously a 39% shareholder in the Swiss company agta record ag ("agta record"), has completed the indirect acquisition of the 54% shareholding in agta record from the shareholders of Agta Finance (the "Acquisition").
  • ASSA ABLOY now owns approximately 93% of the share capital and voting rights of agta record.
  • The purchase price for the Acquisition amounts to approximately MEUR 506, equivalent to an adjusted[1]purchase price per agta record share of EUR 70.58.
  • As previously announced ASSA ABLOY will immediately after the Acquisition file a proposed simplified public tender offer for the remaining outstanding shares of agta record, listed on Euronext Paris, at an adjusted price of 70.58 EUR per agta record share (the "Offer").

ASSA ABLOY acquires Access-IS in the UK

Retrieved on: 
Monday, August 17, 2020
Assa Abloy, Wärtsilä, Assa, Assa, Yachting, Asa people, Boating, Sailing yachts, HID Global

"I am very pleased to welcome Access-IS and their employees into the ASSA ABLOY Group.

Key Points: 
  • "I am very pleased to welcome Access-IS and their employees into the ASSA ABLOY Group.
  • Access-IS is a strategic technological addition to the ASSA ABLOY Group.
  • The company will reinforce our current offering within extended access technologies and will provide complementary growth opportunities," 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 acquires Access-IS in the UK

Retrieved on: 
Monday, August 17, 2020
Assa Abloy, Wärtsilä, Assa, Assa, Yachting, Asa people, Boating, Sailing yachts, HID Global

"I am very pleased to welcome Access-IS and their employees into the ASSA ABLOY Group.

Key Points: 
  • "I am very pleased to welcome Access-IS and their employees into the ASSA ABLOY Group.
  • Access-IS is a strategic technological addition to the ASSA ABLOY Group.
  • The company will reinforce our current offering within extended access technologies and will provide complementary growth opportunities," 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.

EU Commission clears acquisition of agta record

Retrieved on: 
Monday, August 17, 2020
Assa Abloy, Wärtsilä, Yachting, Assa, Assa, Agta, Boating, Sailing yachts

STOCKHOLM, Aug. 17, 2020 /PRNewswire/ -- ASSA ABLOY, a 39% shareholder of the Swiss company agta record ag ("agta record"), has received clearance by the EU Commission to indirectly acquire the 54% shareholding in agta record from the shareholders of Agta Finance (the "Acquisition").

Key Points: 
  • STOCKHOLM, Aug. 17, 2020 /PRNewswire/ -- ASSA ABLOY, a 39% shareholder of the Swiss company agta record ag ("agta record"), has received clearance by the EU Commission to indirectly acquire the 54% shareholding in agta record from the shareholders of Agta Finance (the "Acquisition").
  • After the Acquisition ASSA ABLOY will own approximately 93% of the share capital and voting rights of agta record.
  • Immediately after the Acquisition, ASSA ABLOY will file a proposed simplified public tender offer for the remaining outstanding shares of agta record, listed on Euronext Paris, at an adjusted price of 70.54 EUR per agta record share (the "Offer").
  • Based on external financial information for 2019 for both agta record and ASSA ABLOY, the acquisition of agta record adds around 4% to ASSA ABLOY's consolidated revenue, excluding the Divestiture.

EU Commission clears acquisition of agta record

Retrieved on: 
Monday, August 17, 2020
Assa Abloy, Wärtsilä, Yachting, Assa, Assa, Agta, Boating, Sailing yachts

STOCKHOLM, Aug. 17, 2020 /PRNewswire/ -- ASSA ABLOY, a 39% shareholder of the Swiss company agta record ag ("agta record"), has received clearance by the EU Commission to indirectly acquire the 54% shareholding in agta record from the shareholders of Agta Finance (the "Acquisition").

Key Points: 
  • STOCKHOLM, Aug. 17, 2020 /PRNewswire/ -- ASSA ABLOY, a 39% shareholder of the Swiss company agta record ag ("agta record"), has received clearance by the EU Commission to indirectly acquire the 54% shareholding in agta record from the shareholders of Agta Finance (the "Acquisition").
  • After the Acquisition ASSA ABLOY will own approximately 93% of the share capital and voting rights of agta record.
  • Immediately after the Acquisition, ASSA ABLOY will file a proposed simplified public tender offer for the remaining outstanding shares of agta record, listed on Euronext Paris, at an adjusted price of 70.54 EUR per agta record share (the "Offer").
  • Based on external financial information for 2019 for both agta record and ASSA ABLOY, the acquisition of agta record adds around 4% to ASSA ABLOY's consolidated revenue, excluding the Divestiture.

ASSA ABLOY Launches New Smooth Grain Door

Retrieved on: 
Wednesday, August 12, 2020
Articles, Plants, Nature, Assa Abloy, Wärtsilä, Assa, Assa, Door, Wood

NEW HAVEN, Conn., Aug. 12, 2020 /PRNewswire/ --Today,ASSA ABLOY Group announced the launch of its new Smooth Grain Stainable Steel Door by Ceco Door and Curries .

Key Points: 
  • NEW HAVEN, Conn., Aug. 12, 2020 /PRNewswire/ --Today,ASSA ABLOY Group announced the launch of its new Smooth Grain Stainable Steel Door by Ceco Door and Curries .
  • This product combines industrial-grade steel doors with an aesthetically pleasing wood grain design that complements an already robust set of wood grain stainable steel door options available.
  • The Madera and CURRIStain Smooth Grain Doors are smooth steel doors with a tight wood grain stain design such as those found in real maple, cherry or birch wood.
  • "Stemming from years of design innovation experience, Madera and CURRIStain Smooth Grain Doors give designers the best of both worlds," said Stacey Callahan, ASSA ABLOY Door Group's Vice President of Marketing and Innovation.

ASSA ABLOY: Quarterly Report Q2 2020

Retrieved on: 
Friday, July 17, 2020
Assa Abloy, Wärtsilä, Product certification, Assa, Yachting, Assa, Organic food, Economy of Sweden, Boating

All five divisions reported significant declines in organic growth due to COVID-19.

Key Points: 
  • All five divisions reported significant declines in organic growth due to COVID-19.
  • Entrance Systems, reporting organic growth of -8%, was the division least impacted
    To meet a regulatory precondition by the EU Commission for ASSA ABLOY to acquire agta record, agreements for the sale of certain agta record and ASSA ABLOY businesses were signed in June

ASSA ABLOY: Quarterly Report Q2 2020

Retrieved on: 
Friday, July 17, 2020
Assa Abloy, Wärtsilä, Product certification, Assa, Yachting, Assa, Organic food, Economy of Sweden, Boating

All five divisions reported significant declines in organic growth due to COVID-19.

Key Points: 
  • All five divisions reported significant declines in organic growth due to COVID-19.
  • Entrance Systems, reporting organic growth of -8%, was the division least impacted
    To meet a regulatory precondition by the EU Commission for ASSA ABLOY to acquire agta record, agreements for the sale of certain agta record and ASSA ABLOY businesses were signed in June