ASSA ABLOY strengthens its market position in the Czech Republic and Slovakia

23 Feb 2001

The acquisition of RIS strengthens ASSA ABLOY's position in both countries, especially in the area of electromechanics. This complements the market leading position already achieved by FAB. RIS currently has annual sales of CZK 58 M (SEK 14 M).

For further information, please contact
Carl-Henric Svanberg, President & CEO, tel: +46-8-510 0551
or Göran Jansson, CFO, tel. +46-70-698 85 72
P.O. Box 70340, SE-107 23 Stockholm
Tel: +46 8 506 485 00, Fax: +46 8 506 485 85
Visiting address: Klarabergsviadukten 90
The ASSA ABLOY Group is the world's leading manufacturer and supplier of locks and associated products,
dedicated to satisfying end-user needs for security, safety and convenience.