ASSA ABLOY acquires Amarr in the US

ASSA ABLOY has signed an agreement to acquire Amarr, the third major player in
the North American sectional door market, with a very strong and attractive
market position.

”Amarr is another important building block for the ASSA ABLOY Group in building
global leadership within Entrance Automation. I welcome Amarr and its employees
to the Group, constituting the basis for further expansion on the North American
market. Since 2008 we have rapidly expanded the Entrance Systems Division from
SEK 3 billion to more than SEK 14 billion”, commented Johan Molin, President and
CEO of ASSA ABLOY.

”Amarr’s size, product offering and market position give a strong footprint
within sectional doors in North America. With Amarr onboard we are well
positioned to apply the same rapid expansion of North America, like we have done
in Europe during the last few years,” commented Juan Vargues, Executive Vice
President of ASSA ABLOY and Head of Division Entrance Systems.

The company was founded in 1951 and is based in Winston-Salem, North Carolina
with operations in USA, Canada and Mexico. The company has 1,200 employees.

Sales for 2014 are expected to reach USD 330 M (SEK 2,100 M). The acquisition
will be accretive to EPS from start.

The transaction is subject to regulatory approval and is expected to close
during Q4 2013.

For more information, please contact:
Johan Molin, President and CEO, tel no: +46 8 506 485 42
Carolina Dybeck Happe, CFO and Executive Vice President, tel no: +46 8 506 485
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About ASSA ABLOY
ASSA ABLOY is the global leader in door opening solutions, dedicated to
satisfying end-user needs for security, safety and convenience. Since its
formation in 1994, ASSA ABLOY has grown from a regional company into an
international group with around 43,000 employees, operations in over 70
countries and sales of about SEK 47 billion. ASSA ABLOY offers a more complete
range of door opening solutions than any other company on the market. In the
fast-growing electromechanical security segment, the Group has a leading
position in areas such as access control, identification technology, entrance
automation and hotel security.