Assa Abloy

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ASSA ABLOY <tr><td colspan="2" style="text-align:center; padding:16px 0 16px 0;">Image:AssaAbloylogo.jpg</td></tr>
Type	Public
Founded	1994
Headquarters	Stockholm, Sweden <tr><th style="text-align:right; padding-right:0.75em;">Key people</th><td>Gustaf Douglas (Chairman of the board), Johan Molin (President and CEO)</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Industry</th><td>Locking solutions</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Products</th><td>Locks, automatic and security doors</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Revenue</th><td>27,802 million SEK (2005)</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Employees</th><td>29,500 (2005)</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Website</th><td>http://www.assaabloy.com/</td></tr>

The ASSA ABLOY Group is a Swedish company. The group is the world's leading manufacturer and supplier of locks. ASSA ABLOY was formed in 1994 when ASSA Ab was detached from Swedish security firm Securitas AB. Shortly thereafter the Finnish high-security lock manufacturer Abloy Oy (a subsidiary of the Finnish company Wärtsilä) was acquired. The company was introduced to the Stockholm stock exchange later the same year. Former CEO Carl-Henric Svanberg is currently holding the same position at Ericsson. ASSA ABLOY now owns Yale lock, and the high-security lock firms Medeco in the U.S. and Mul-T-Lock in Israel.

It is controlled by Gustaf Douglas through his company Latour.

[edit] The name Abloy

The name Abloy comes from swedish-finnish twilingual organisation Aktiebolag Lukkoteollisuus Osakeyhtiö. of which the two first letters are Swedish language, the three last, Finnish language. Abloy produces an extensive line of high-security disc tumbler locks.

[edit] See also

List of Swedish companies

[edit] External links

Assa Abloy - Official site
Yahoo! - ASSA ABLOY AB Company Profile
[1]-Assa Official site.

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OMX Stockholm 30 companies of Sweden
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