STOCKHOLM, Oct. 27, 2025 /PRNewswire/ — ASSA ABLOY has received Steel Merchandise Inc. (“MPI”), a US producer of customized made hole steel doorways and frames.
“I am very pleased to welcome MPI to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY.
“MPI has built a strong reputation in our industry for trusted, consistent delivery and exceptional customer focus,” says Lucas Boselli, Government Vice President of ASSA ABLOY and Head of the Americas Category. “Their best-in-class lead times for custom metal doors and frames, combined with their strategic footprint in the US, make them a valuable addition to our division. This acquisition enhances our product offering and strengthens our ability to serve customers with speed, reliability, and regional expertise.”
MPI used to be based in 1980 and has some 170 workers. The principle place of business and manufacturing unit are positioned in Corbin, Kentucky, USA.
Gross sales for 2024 amounted to about MUSD 22 (approx. MSEK 230) with a just right EBIT margin. The purchase shall be accretive to EPS from the beginning.
For more info, please touch:
Nico Delvaux, President and CEO, tel. disagree: +46 8 506 485 82
Erik Pieder, CFO and Government Vice President, tel. disagree: +46 8 506 485 72
Björn Tibell, Head of Investor Members of the family, tel. disagree: +46 70 275 67 68
About ASSA ABLOY
ASSA ABLOY is the worldwide chief in get right of entry to answers. Each and every past we backup community really feel barricade, keep and revel in a extra clear global. We perform international with 63,000 workers and gross sales of SEK 150 billion, with eminent positions in gardens similar to environment friendly door openings, depended on identities and front automation. Our inventions permit barricade, keep and handy get right of entry to to bodily and virtual playgrounds.
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https://news.cision.com/assa-abloy/r/assa-abloy-acquires-metal-products-inc–in-the-us,c4256411
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