ASSA ABLOY strengthens its card business in Europe

14 Jan 2003

 
 
ASSA ABLOY has acquired Interlock Holding AG, a custom card manufacturer headquartered in Geroldswil, Switzerland, with regional offices in Pforzheim and Villingen, Germany.
 
Interlock Holding AG had sales of CHF 12.6 M in 2002, and employs 70 people.
 
Interlock Holding AG manufactures a wide range of technology-enabled cards, including contactless smart cards, for the access control, time and attendance, and ID industries. Interlock also manufactures card lamination equipment and offers card personalization services such as custom artwork, corporate logos, and the creation of employee ID badges.
 
The acquisition strengthens ASSA ABLOY's position in electronic identification. Access control customers in Europe will be offered a wide range of solutions and additional support provided by Interlock.
 
 
 
                       
 
Further information can be obtained from
Carl-Henric Svanberg, President and CEO, tel: +46 8 506 485 52 or +46 70 510 05 51
Göran Jansson, Chief Financial Officer, tel: +46 8 506 485 72 or +46 70 698 85 72
 
ASSA ABLOY AB (publ)
Box 70340, SE 107 23 Stockholm
Tel: +46 8 506 485 00, Fax: + 46 8 506 485 85
Visiting address: Klarabergsviadukten 90
 
www.assaabloy.com
               
 
The ASSA ABLOY Group is the world's leading manufacturer and supplier of locking solutions,
dedicated to satisfying end-user needs for security, safety and convenience. The Group has about
30,000 employees and annual sales of about EUR3 billion.