Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 ASSA ABLOY Finalizes Acquisition of Albany Door Systems - Ink World Magazine

What are you searching for?

Sign in
Flexible Electronics News

ASSA ABLOY Finalizes Acquisition of Albany Door Systems

Consolidated into Entrance Systems division

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

ASSAABLOY’s acquisition of Albany Door Systems, announced on October 28, 2011, has now been completed after regulatory approvals.

Albany Door Systems is one of the global leaders in high-speed industrial doors. The company has approximately 700 employees and sales is expected to reach $85M (SEK 1,300 M) in 2012 with an EBIT margin of around 8%.

Albany Door Systems will be consolidated into division Entrance Systems as of Jan. 11, 2012.

Add us as a preferred source on Google

Get the latest Ink World magazine news, insights and analysis in your Google Search and AI experiences.

Add Ink World magazine as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters