ASSA ABLOY acquires U.S. high-security door maker Norshield for about $16 million in sales.

Global security company ASSA ABLOY has acquired Norshield Security Products, a U.S. manufacturer of high-security products like ballistic and blast-resistant doors. Founded in 1981, Norshield had 2023 sales of about $16 million. The deal, expected to boost ASSA ABLOY's earnings immediately, expands their high-security door offerings and strengthens their market presence.

3 months ago
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