ASSA ABLOY is the global leader in access solutions. The company operates worldwide with 63,000 employees and sales of SEK 150 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. 

The company's growth strategy focuses on adding complementary products and solutions to its core business. Geographically, ASSA ABLOY clearly sees Germany as a growth market. From the nine acquisiitions it has completed this year, three are German.

These include Uhlmann & Zacher, a German supplier of access control handles and knobs and corresponding software, and GFS, an innovative player in emergency exit security solutions for commercial, industrial and public buildings.

The latest German business to join ASSA ABLOY, TeleAlarm Group is a European provider of remote care technology that combines hardware and software solutions, enabling independent living across the social care and home care segment, based in Germany.

"I am very pleased to welcome TeleAlarm into ASSA ABLOY, an exciting technological addition that will reinforce our current offering within the Senior Care business area, and provide complementary growth opportunities,” said Nico Delvaux, President and CEO of ASSA ABLOY, in a press release on the subject.