ASSA ABLOY to buy Gunnebo Entrance Control in deal expected to close in Q4 2026
ASSA ABLOY said the acquisition of Gunnebo Entrance Control fits its plan to expand in mature markets and add complementary products to its core business.
ASSA ABLOY said Tuesday that it has signed an agreement to acquire Gunnebo Entrance Control, which makes entrance control products including speed gates, mass transit gates and security revolving doors. The companies expect the deal to close in the fourth quarter of 2026, subject to regulatory approval and customary closing conditions.
ASSA ABLOY said the acquisition fits its strategy to strengthen its position in mature markets by adding complementary products and solutions to its core business. Gunnebo Entrance Control will join ASSA ABLOY's Business Segment Pedestrian within the Entrance Systems Division.
Gunnebo Entrance Control said in the release that it was formed in 1995 and has a history dating back to 1764. It said it is headquartered in Maresfield, UK, has about 670 employees and operates manufacturing sites across Europe, the US and Asia.
ASSA ABLOY said Gunnebo Entrance Control posted about MEUR 151 in sales in 2025, or about MSEK 1,670, and had a good EBIT margin. The company also said the acquisition will initially have a small dilutive effect on earnings per share.
In a quoted statement, Nico Delvaux, ASSA ABLOY's president and chief executive, said he looks forward to welcoming the Gunnebo Entrance Control team and that the acquisition delivers on the company's strategy. Massimo Grassi, executive vice president and head of the Entrance Systems Division, said Gunnebo Entrance Control's portfolio, team and industry expertise will enhance ASSA ABLOY's offering in pedestrian access solutions.
ASSA ABLOY said it has 64,000 employees and sales of SEK 152 billion. The company did not give a purchase price in the release.
Next steps are regulatory review and the other closing conditions before the transaction can be completed in the fourth quarter of 2026.
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Editorial note: This article was prepared with AI assistance and includes source attribution for reader review.
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