Assa Abloy

Stockholm, Sweden Founded: 1994 • Age: 32 yrs
Provider of cloud-based access control systems
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About Assa Abloy

Assa Abloy is a company based in Stockholm (Sweden) founded in 1994.. The company has 60,090 employees as of December 31, 2024. Assa Abloy has completed 105 acquisitions, including 3Millid, 4Front Engineered Solutions and 9Solutions. Assa Abloy offers products and services including Door Opening Solutions and Industry Solutions. Assa Abloy operates in a competitive market with competitors including Level, igloohome, Gate Labs, Lockin and Nuki Home Solutions, among others.

  • Headquarter Stockholm, Sweden
  • Employees 60090 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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  • Legal Name Assa Abloy Ab Class B
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
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IPO & Listings of Assa Abloy

Assa Abloy is a publicly listed company on the OMXSTO with ticker symbol ASSA_B in Sweden, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OMXSTO · Ticker: ASSA_B . Sector: Consumer durables · Sweden

Products & Services of Assa Abloy

Assa Abloy offers a comprehensive portfolio of products and services, including Door Opening Solutions and Industry Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Offers premium, design-led systems for secure building entry.

Tailored options for various industry-specific security needs.

People of Assa Abloy
Headcount 10000+
Employee Profiles 17
Board Members and Advisors 11
Employee Profiles
People
Lucas Boselli
EVP & Head of Americas
People
Erik Pieder
EVP & CFO
People
Simon Ellis
EVP & Head of Opening Solutions, Pacific Unit and North East Asia
People
Martin Poxton
EVP & Head of Asia Pacific Business Unit Opening Solutions, Greater China and South East Asia

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Board Members and Advisors
people
Annika Åkerblom
Deputy Board Member
people
Victoria Van Camp
Board Member

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Funding Insights of Assa Abloy

  • Total Funding
  • Total Rounds 3
  • Last Round Grant — $678,474
  • First Round

    (24 May 2005)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2022 Amount Grant - Assa Abloy Valuation

investors

Jan, 2007 Amount Post-IPO - Assa Abloy Valuation

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May, 2005 Amount Post-IPO - Assa Abloy Valuation

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Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

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Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Assa Abloy

Assa Abloy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ministry of Economy, Finance and Industrial and Digital Sovereignty. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Assa Abloy

Assa Abloy has strategically engaged in corporate development activities, having acquired 105 companies. Notable acquisitions include 3Millid, 4Front Engineered Solutions and 9Solutions. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Management services for industrial electronic security systems are provided.
2019
Company provides customized commercial and industrial perimeter protection solutions
2017
Package lockers and access solutions are provided for residential properties.
2014
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Assa Abloy

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

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Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Assa Abloy Comparisons

Employees
+
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Competitors of Assa Abloy

Assa Abloy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Level, igloohome, Gate Labs, Lockin and Nuki Home Solutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Smart locks are designed and sold by Level.
domain founded_year HQ Location
Keyless smart locks are developed for consumer and commercial applications.
domain founded_year HQ Location
Camera-equipped smart locks are developed for home entry.
domain founded_year HQ Location
Smart lock and security systems are installed and provided.
domain founded_year HQ Location
Cloud-based smart door locks are manufactured for remote access.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Assa Abloy

Frequently Asked Questions about Assa Abloy

When was Assa Abloy founded?

Assa Abloy was founded in 1994 and raised its 1st funding round 11 years after it was founded.

Where is Assa Abloy located?

Assa Abloy is headquartered in Stockholm, Sweden.

Who is the current CEO of Assa Abloy?

Nico Delvaux is the current CEO of Assa Abloy.

How many employees does Assa Abloy have?

As of Dec 31, 2024, the latest employee count at Assa Abloy is 60,090.

What is the annual revenue of Assa Abloy?

Annual revenue of Assa Abloy is $13.61B as on Dec 31, 2024.

What does Assa Abloy do?

Assa Abloy was founded in 1994 in Stockholm, Sweden, and operates in the security sector. Cloud-based access control platforms are offered, along with mechanical and electromechanical locking systems, identification technology, entrance automation, and hotel security solutions. These products and services are directed toward institutional, commercial, and consumer markets globally, with a focus on door-opening technologies and related integrations.

Who are the top competitors of Assa Abloy?

Assa Abloy's top competitors include igloohome, Level and Gate Labs.

What products or services does Assa Abloy offer?

Assa Abloy offers Door Opening Solutions and Industry Solutions.

Is Assa Abloy publicly traded?

Yes, Assa Abloy is publicly traded on OMXSTO under the ticker symbol ASSA_B.

How many acquisitions has Assa Abloy made?

Assa Abloy has made 105 acquisitions, including 3Millid, 4Front Engineered Solutions, and 9Solutions.

Who are Assa Abloy's investors?

Assa Abloy has 1 investor. Key investors include Ministry of Economy, Finance and Industrial and Digital Sovereignty.

What is Assa Abloy's ticker symbol?

The ticker symbol of Assa Abloy is ASSA_B on OMXSTO.

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