ASSA ABLOY AB · Stockholm Sweden ·(OMX Stockholm: ASSAB)
Company Description
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This link will open in a new window Who knows how many secrets have stayed secret thanks to ASSA ABLOY, the world's largest lockmaker. Having more than 150 companies, it has installed some 1 billion locks worldwide. ASSA ABLOY produces mechanical, electromagnetic, and electronic locks, mainly for buildings. It also offers locking systems for cars, parking meters, pay phones, and gaming machines, as well as for hotels, offices, hospitals, and schools. It offers security planning, maintenance, and consulting services for institutional locking systems. The group was formed in 1994 following the spinoff of Assa AB from Swedish security group Securitas . Assa then acquired lock company Abloy from Finnish engineering firm Wärtsilä (formerly Metra Oyj). To read the full description, subscribe now.
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Key ASSA ABLOY AB Financials
| Company Type | Public - OMX Stockholm: ASSAB Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $4,497.4 |
| Employees | 100 |
ASSA ABLOY AB Executives
25 executives listed for ASSA ABLOY AB's Stockholm, location.
| Title | Name & Bio | Contact |
| Chairman | Gustaf Douglas | Network |
| President, CEO, and Director | Johan Molin | Network |
| EVP and CFO | Tomas Eliasson | Network |
Competition
Competitive Landscape for ASSA ABLOY AB
Sales are driven by demand from the construction, telecommunications, and hardware retailing industries. Profitability depends largely on merchandising and efficient inventory management. Large companies have wide distribution networks and may offer customers a broad selection of products and services. Small operators can compete successfully by stocking specialty products, stocking all of the parts their particular customers need, or delivering superior service. The industry is capital-intensive: average annual revenue per employee is about $450,000. To read the full description, subscribe now.Top ASSA ABLOY AB Competitors
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