ASSA ABLOY acquires Wallace & Wallace and Wallace Perimeter Security in Canada
ASSA ABLOY has acquired Wallace & Wallace and Wallace Perimeter Security, a Canadian manufacturer, distributor and installer of perimeter fencing, door and gate solutions. The acquisition strengthens ASSA ABLOY's position in mature markets and enhances its Perimeter Security portfolio, particularly in Central Canada.
Founded in 1946, Wallace & Wallace employs approximately 160 people and operates from its main office and factory in Winnipeg, Manitoba. The company will be integrated into the Business Segment Perimeter Security within the Entrance Systems Division.
The acquired company reported sales of MCAD 57 (approximately MSEK 440) in 2024 with a strong EBIT margin. The acquisition is expected to be accretive to earnings per share from the start.
ASSA ABLOY ha acquisito Wallace & Wallace e Wallace Perimeter Security, un produttore, distributore e installatore canadese di recinzioni perimetrali, soluzioni per porte e cancelli. Questa acquisizione rafforza la posizione di ASSA ABLOY nei mercati maturi e potenzia il suo portafoglio di Sicurezza Perimetrale, in particolare nel Canada Centrale.
Fondata nel 1946, Wallace & Wallace impiega circa 160 persone e opera dal suo ufficio principale e stabilimento a Winnipeg, Manitoba. L'azienda sarà integrata nel Business Segmento Sicurezza Perimetrale all'interno della Divisione Sistemi di Ingresso.
L'azienda acquisita ha registrato vendite di 57 MCAD (circa MSEK 440) nel 2024 con un forte margine EBIT. Si prevede che l'acquisizione sarà accrescitiva per l'utile per azione fin dall'inizio.
ASSA ABLOY ha adquirido Wallace & Wallace y Wallace Perimeter Security, un fabricante, distribuidor e instalador canadiense de cercas perimetrales, soluciones de puertas y portones. Esta adquisición refuerza la posición de ASSA ABLOY en mercados maduros y mejora su cartera de Seguridad Perimetral, especialmente en el Centro de Canadá.
Fundada en 1946, Wallace & Wallace emplea aproximadamente a 160 personas y opera desde su oficina principal y fábrica en Winnipeg, Manitoba. La empresa se integrará en el Segmento de Negocios de Seguridad Perimetral dentro de la División de Sistemas de Entrada.
La empresa adquirida reportó ventas de 57 MCAD (aproximadamente MSEK 440) en 2024 con un fuerte margen EBIT. Se espera que la adquisición sea accretiva para las ganancias por acción desde el principio.
ASSA ABLOY는 캐나다의 경계 울타리, 문 및 게이트 솔루션의 제조업체이자 유통업체, 설치업체인 Wallace & Wallace와 Wallace Perimeter Security를 인수했습니다. 이 인수는 성숙한 시장에서 ASSA ABLOY의 입지를 강화하고 특히 캐나다 중부에서 경계 보안 포트폴리오를 강화합니다.
1946년에 설립된 Wallace & Wallace는 약 160명의 직원을 고용하고 매니토바주 위니펙에 있는 본사와 공장에서 운영됩니다. 이 회사는 출입 시스템 부문의 경계 보안 비즈니스 세그먼트에 통합될 것입니다.
인수된 회사는 2024년에 57 MCAD의 매출 (약 MSEK 440)을 기록했으며, 강력한 EBIT 마진을 보였습니다. 이 인수는 시작부터 주당 수익을 증가시킬 것으로 예상됩니다.
ASSA ABLOY a acquis une société canadienne Wallace & Wallace ainsi que Wallace Perimeter Security, fabricant, distributeur et installateur de clôtures périmétriques, de solutions de portes et de portails. Cette acquisition renforce la position d'ASSA ABLOY sur les marchés matures et améliore son portefeuille de Sécurité Périmétrique, en particulier dans le Centre du Canada.
Fondée en 1946, Wallace & Wallace emploie environ 160 personnes et opère depuis son bureau principal et son usine à Winnipeg, Manitoba. L'entreprise sera intégrée dans le Segment d'Affaires Sécurité Périmétrique au sein de la Division Systèmes d'Entrée.
La société acquise a déclaré des ventes de 57 MCAD (environ MSEK 440) en 2024 avec une forte marge EBIT. L'acquisition devrait être accretive pour le bénéfice par action dès le départ.
ASSA ABLOY hat Wallace & Wallace und Wallace Perimeter Security übernommen, einen kanadischen Hersteller, Distributor und Installateur von Perimeterzäunen sowie Tür- und Torlösungen. Die Übernahme stärkt die Position von ASSA ABLOY in reifen Märkten und erweitert das Portfolio im Bereich Perimetersicherheit, insbesondere in Zentral-Kanada.
Gegründet im Jahr 1946 beschäftigt Wallace & Wallace etwa 160 Mitarbeiter und hat seinen Hauptsitz und seine Fabrik in Winnipeg, Manitoba. Das Unternehmen wird in das Geschäftsfeld Perimetersicherheit innerhalb der Division Eingangssysteme integriert.
Das übernommene Unternehmen meldete Umsätze von 57 MCAD (ca. MSEK 440) im Jahr 2024 mit einer starken EBIT-Marge. Es wird erwartet, dass die Übernahme von Anfang an positiv zum Gewinn pro Aktie beiträgt.
- Strong EBIT margin in acquired business
- Immediately accretive to earnings per share
- Strengthens market position in Central Canada
- Expands perimeter security product portfolio
- None.
"I am very pleased to welcome Wallace & Wallace into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY.
"By acquiring Wallace & Wallace, we are enhancing and complementing our Perimeter Security portfolio," says Massimo Grassi, Executive Vice President of ASSA ABLOY and Head of Entrance Systems Division. "This acquisition enables us to introduce new products to our existing and new customers while further strengthening our presence in
Wallace & Wallace was founded in 1946 and has some 160 employees. The main office and factory are located in
Sales for 2024 amounted to about MCAD 57 (approx. MSEK 440) with a strong EBIT margin. The acquisition will be accretive to EPS from the start.
For more information, please contact:
Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82
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
ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 63,000 employees and sales of
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SOURCE ASSA ABLOY
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