ASSA Abloy

This is a lock manufacturer which came into existence when ASSA AB was separated from Securitas AB in 1994. Securitas, as you can get from the name, is a security company that was originally based in Sweden. After the separation, ASSA AB acquired ABLOY OY, which was a subsidiary of a company known as Wärtsilä. In the same year, the company was listed in the Stockholm exchange market. The company, which is the fastest growing lock company in the world, has made more than one hundred and fifty acquisitions since then and is best known for its high quality, high security entry door locks.

Notable acquisitions by the company include France-based Fitchet Bauche, US-based Medeco and MulTLock (an Israeli company). The largest shareholders are Melter and Laour. The company has five business units, including EMEA, which also have offices in Africa, the Middle East and Europe. Other divisions include America. The company has branches in South and North America. The rest are APAC, Asia, and finally entrance systems and global technologies operating at sea. Since its establishment, the company has undergone several technological innovations. The Assa Ably has become very popular with its unbreakable, 'shock-resistant' disc tumbler closures. The brand is widely known as ABLOY and its products represent the highest quality locks available on the market today.

Country: Sweden

Revenue: $10 Billion

Website: www.assaabloy.com