ASSA ABLOY in Brief

Yale, the global consumer brand within the ASSA ABLOY Group

Yale is a part of the ASSA ABLOY Group. ASSA ABLOY is the global leader in door opening solutions, dedicated to satisfying end-user needs for security, safety and convenience. ASSA ABLOY is represented in all major regions, on both mature and emerging markets, with leading positions in much of Europe and North America and in Australia. In the rapidly growing electromechanical security sector, the Group has a leading position in fields such as access control, identification technology, automatic doors and hotel security.

Since its founding in 1994, ASSA ABLOY has grown from a regional company to an international group with 32,000 employees and sales of over SEK 33 billion. As the world’s leading lock group, ASSA ABLOY offers a more complete range of door opening solutions than any other company on the market.

EMEA

The division manufactures and sells locks, cylinders, electromechanical products, security doors and fittings in Europe, the Middle East and Africa (EMEA). Most sales take place in Western Europe, but growth markets in Eastern Europe and the Middle East are gaining in importance. Some of the division’s leading brands are ABLOY, ASSA, IKON, TESA, Yale and Vachette. The division has 12,500 employees and divisional management is based in London, United Kingdom.

Americas

The division manufactures and sells locks, cylinders, electromechanical products, security doors and fittings in North and South America. Most sales take place in the United States, Canada and Mexico. South America is growing in significance, with Brazil the most important market. Some of the division’s leading brands are Corbin Russwin, Curries, Emtek, Medeco, Phillips, SARGENT and La Fonte. The division has 9,400 employees and divisional management is based in New Haven, Connecticut, USA.

Asia Pacific

The division manufactures and sells locks, cylinders, electromechanical products, security doors and fittings in Asia and Oceania. The Pacific region (which includes Australia and New Zealand) accounts for a large part of sales, but China and other Asian markets are rapidly gaining in importance. China is also an important country of production. Some of the division’s leading brands are Lockwood, Guli, Wangli, Baodean, Interlock and iRevo. The division has 5,400 employees and divisional management is based in Hong Kong, China.

Global Technologies

This global division manufactures and sells products for electronic access control, secure issuance of cards and identification technology, and electronic lock products for hotels. The division consists of two business units, HID Group and ASSA ABLOY Hospitality, which sell their products worldwide. Leading brands are HID, Fargo, Elsafe and VingCard. The division has 2,600 employees and divisional management is based in Stockholm, Sweden.

Entrance Systems

Entrance Systems is a global division that manufactures and sells automatic door systems and service. The products are sold under the Besam and EntreMatic brands. The division engages in sales and offers its own direct service network around the world, with production in Sweden, the UK, the USA and China. The division has 2,100 employees and divisional management is based in Landskrona, Sweden.

Source: ASSA ABLOY Annual Report 2007