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ASSA ABLOY Acquires Ghost Controls

Ghost Controls is a US supplier of automated residential gate openers.

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By: DAVID SAVASTANO

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

ASSA ABLOY has acquired Ghost Controls, a US supplier of automated residential gate openers.

“I am very pleased to welcome Ghost Controls into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” said Nico Delvaux, president and CEO of ASSA ABLOY.

“Ghost Controls’ impressive development within the residential gate automation industry and their strong culture of innovation makes them a very good complement to our core business, and I am very excited for them to be part of our organization,” added Massimo Grassi, EVP of ASSA ABLOY and head of Entrance Systems Division.

Ghost Controls was founded in 2015 and has approximately 40 employees. The company is headquartered in Tallahassee, FL, USA. Sales for 2022 amounted to about $30 million with a strong EBIT margin. 

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