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ASSA ABLOY Acquires Arjo Systems

Arjo is a leading provider of physical and digital identity solutions for secure government ID.

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By: DAVID SAVASTANO

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

ASSA ABLOY has acquired Arjo Systems SAS, a leading provider of physical and digital identity solutions for secure government ID applications.
 
“The company reinforces our current offering within secure identity solutions. The acquisition of Arjo considerably enhances the Group´s position within government ID and will provide complementary growth opportunities,” said Johan Molin, president and CEO of ASSA ABLOY.
 
Arjo was founded in 2011 and has approximately 100 employees with operations in France, Italy and Hong Kong. Sales for 2017 are expected to reach €56 million with a good EBIT margin.

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