ASSA ABLOY finalizes the Valli&Valli acquisition

7 Jul 2008

In January it was announced that ASSA ABLOY had entered into an agreement to acquire Valli&Valli, a leading Italian manufacturer of design handles.
The acquisition is now finalized and the company will be consolidated from 1 July 2008.
Valli&Valli is based near Milan, Italy. The company employs 170 people and is expected to reach a turnover of more than EUR 30 M in 2008.
For more information, please contact:
Johan Molin, President and CEO, tel no: +46 8 506 485 42
Tomas Eliasson, CFO and Executive Vice President, tel no: +46 8 506 485 72