FAAC acquires parts of ASSA ABLOY's APD and HSD business in Europe

FAAC has acquired parts of ASSA ABLOY's APD and HSD business in Europe for EUR 100 million, with approximately EUR 93 million in sales and 600 employees. The acquisition was announced on 29 June 2020.

“A 100 million Euro acquisition for approximately 93 million Euro sales and 600 employees, the largest of FAAC history.”faactechnologies.com

• 1 source
• faactechnologies.comFAAC acquires from ASSA ABLOY parts of its APD and HSD business in Europe - FAAC TechnologiesJun 29, 2020

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