ASSA ABLOY has acquired Sure-Loc, a supplier of residential locks and associated hardware in the U.S.
“I am very pleased to welcome Sure-Loc into the ASSA ABLOY Group,” said Nico Delvaux, president and CEO of ASSA ABLOY. “This acquisition delivers on our strategy to strengthen our position in the mature markets through adding complementary products and solutions to our core business.”
Sure-Loc was established in 2002 and has some 45 employees. Its main office is located in Salt Lake City.
“The acquisition of Sure-Loc complements our mechanical hardware portfolio, supporting our ambitions to grow our residential business in the U.S.,” said Lucas Boselli, executive vice president of ASSA ABLOY and head of the Americas division. “Sure-Loc's reputation for quality products and excellent customer service reflect our values and I'm excited for them to become part of ASSA ABLOY.”