Tag: Lighthouse
ASSA ABLOY acquires Lighthouse
March 25, 2016SSN Staff
STOCKHOLM—ASSA ABLOY on March 15 announced it acquired Lighthouse, a sectional door and docking distributor based in Charlotte, N.C.
"[The deal] reinforces the ASSA ABLOY Group's leadership in entrance automation, where our sales have grown from SEK 3 billion ($363 million) in 2008 to SEK 18 billion in 2015,” Johan Molin, president and CEO of ASSA ABLOY, said in a prepared statement.
"Lighthouse is a strategic step for us in the U.S.A. and we welcome the entire team to ASSA ABLOY Entrance...