Business

ASSA ABLOY Expands Its Digital Footprint with the Acquisition of Messerschmitt Systems

STOCKHOLM, April 3, 2024 - In a strategic expansion of its access solutions empire, ASSA ABLOY, the global leader in door opening solutions, has announced its latest acquisition—Messerschmitt Systems, a prominent German innovator and supplier of high-end access control hardware and software tailored for the hospitality sector. The addition of Messerschmitt's reputable product line for door access and in-room control systems marks a significant step for ASSA ABLOY to consolidate its dominance in the market.

"I am very pleased to welcome Messerschmitt Systems into the ASSA ABLOY Group. The integration is a natural step forward in our pursuit to enhance our market presence in the matured economies by weaving in supplementary products and technologies that align with our core operations," expressed Nico Delvaux, President and CEO of ASSA ABLOY.

Delvaux further remarked on the compatibility of Messerschmitt Systems with ASSA ABLOY’s portfolio, highlighting how the long-standing expertise of Messerschmitt in the realm of hospitality access controls perfectly complements their breadth of customer solutions. "The acquisition presents opportunities for synergy and offers a robust platform for us to expedite our growth trajectory in the DACH region along with the Middle East. I am elated to integrate their team within our Global Solutions division," added Stephanie Ordan, Executive Vice President and Head of Global Technologies at the Global Solutions business area of ASSA ABLOY.

Since its establishment in 1985, Messerschmitt Systems has been setting industry standards with its comprehensive suite of access control products, amassing a workforce of approximately 100 skilled professionals. The company is headquartered in the bustling town of Schwaig, situated east of Nuremberg, Germany. With this acquisition, Messerschmitt Systems is poised to become an integral part of ASSA ABLOY’s Global Solutions business area, specifically under the Hospitality branch.

The fiscal details reflecting Messerschmitt Systems’ performance for the year 2023 show sales figures approximating MEUR 11 (around MSEK 130). The stakeholders of ASSA ABLOY anticipate that the acquisition will initially exhibit a minute dilutive impact on the earnings per share (EPS).

Contact Information

For further insights into the acquisition and its implications on the financial health and operational strategies of ASSA ABLOY, the following company executives can be contacted:

• Nico Delvaux, President and CEO, can be reached at +46 8 506 485 82 for visionary and leadership insights.
• Queries related to financial aspects may be directed to Erik Pieder, CFO and Executive Vice President, at his contact number, +46 8 506 485 72.
• For investor relations, Björn Tibell, Head of Investor Relations, is available at +46 70 275 67 68 to provide pertinent information and address shareholder queries.

About ASSA ABLOY

The ASSA ABLOY Group dominates the global landscape as the purveyor of unparalleled access solutions. With its expansive operations across the globe, the group boasts a dynamic workforce of 61,000 professionals and has witnessed sales reaching a remarkable SEK 141 billion. The group commands influential market positions across diverse domains, including efficient door openings, trusted identity solutions, and state-of-the-art entrance automation systems. Through persistent innovation, ASSA ABLOY facilitates secure, convenient, and seamless access to both physical and digital spaces, enhancing daily experiences for billions, and crafting a world that is increasingly open and connected.

This influential business move has been distributed to the public by Cision http://news.cision.com, a leading global provider of media contact database and distribution services. Additional information about the acquisition can be found on their platform here.

Further Resources for the Press and Public

The following resources have been made available for download to provide in-depth information regarding the transaction:

• For the official press release and detailed insights into the acquisition, you can download the PDF document at https://mb.cision.com/Main/7333/3955526/2707508.pdf.
• For visual assets and to view ASSA ABLOY's brand imagery, access the ASSA ABLOY logo door visual at https://news.cision.com/assa-abloy/i/assa-abloy-logo-door,c3285013.

By providing these resources, ASSA ABLOY commits to transparency and aims to cultivate knowledgeable conversations around its strategic expansion and integration efforts.

Nurturing Hospitality Innovation: The Significance and Opportunities

The acquisition of Messerschmitt Systems promises to deliver substantial synergistic benefits to ASSA ABLOY's existing framework of solutions. Messerschmitt's history of innovation in hospitality access controls and their established product portfolio is set to enhance the company's already significant offerings and further enrich the customer experience.

Leveraging Messerschmitt Systems’ regional stronghold, ASSA ABLOY intends to fortify its footprint in strategically important markets wherein the demand for sophisticated access solutions is rapidly escalating. Specifically, the DACH region—comprising Germany (D), Austria (A), and Switzerland (CH)—along with the burgeoning Middle East market, is poised for transformation as the combined capabilities of both entities usher in a new era for access technology.

Fortuitous Market Expansion and Strategic Synergies

The acquisition is more than a mere augmentation of products or services; it represents a calculated move to extend ASSA ABLOY’s hospitality services in the DACH region and penetrate deeper into the Middle East market, regions that hold robust growth potential. With Messerschmitt Systems now a part of its comprehensive portfolio, ASSA ABLOY is well-positioned to deliver more cohesive and encompassing access solutions to clients in these areas.

The inclusion of Messerschmitt's technology and expertise in ASSA ABLOY's vast array of offerings is expected to breed innovation and propel the development of next-generation access solutions that align with evolving market needs. For the hospitality industry, this translates into advanced security and convenience for establishments ranging from boutique hotels to large international hospitality chains.

Embracing Technological Synergy in a Post-COVID World

In a business landscape that has been significantly altered by the COVID-19 pandemic, there is an escalating demand for contactless and smart access solutions within the hospitality sector that can ensure guest safety and enhance operational efficiency. The strategic synergy between ASSA ABLOY and Messerschmitt Systems is perfectly placed to cater to this new reality.

The merger accelerates ASSA ABLOY’s capacity to produce solutions that are not only technologically sophisticated but also prioritize hygiene considerations and user convenience. Consequently, hoteliers can look forward to integrating systems that provide their guests with a secure and seamless experience, from check-in to check-out, aligning with the heightened expectations of the modern traveler.

Leveraging Legacy and Innovation for Market Leadership

ASSA ABLOY’s decision to incorporate Messerschmitt Systems strikes a balance between honoring a legacy brand that has cemented its position in the access control sector and embracing modern advancements that will determine the future trajectory of access solutions. The acquisition is reflective of ASSA ABLOY’s ongoing commitment to market leadership through comprehensive, innovative, and customer-centered offerings.

The company aims to build on the trust and reliability that Messerschmitt Systems has nurtured over the years while infusing the brand with its global network, technological sophistication, and resources. This merger is not only a testament to ASSA ABLOY's strategic growth but also its respect for the industry's evolution and the nuanced needs of its clientele.

Conclusion: The Gateway to a New Horizon in Access Solutions

The acquisition of Messerschmitt Systems by ASSA ABLOY heralds a pivotal moment for the access solutions industry. This move not only consolidates ASSA ABLOY’s stronghold but also serves as a gateway to uncharted growth and innovation in the sector. As the company unifies its global resources with Messerschmitt’s specialized expertise and market familiarity, customers across the developed and rapidly advancing regions stand to benefit from an enriched suite of products and services.

With its eyes set firmly on the future, ASSA ABLOY continues to demonstrate why it remains at the forefront as the authoritative voice and leader in global access solutions. The integration of Messerschmitt Systems represents a leap towards a more secure, convenient, and forward-thinking world, where access is not a hurdle but a passage to greater possibilities.