ASSA Acquires Australian Manufacturer
ASSA Acquires Australian Manufacturer – ASSA ABLOY has acquired D&D Technologies, a designer and manufacturer of gate hardware, based at Frenchs Forest in Sydney, Australia.
“I am very pleased to welcome D&D Technologies into the ASSA ABLOY Group,” said Nico Delvaux, president and CEO of ASSA ABLOY.
“The company will reinforce our current offering within gate hardware and will provide complementary growth opportunities.”
According to Simon Ellis, executive vice president and head of Asia Pacific ASSA ABLOY Opening Solutions, D&D Technologies has strong expertise in developing premium gate hardware products.
“With its broad portfolio D&D is an excellent addition to the Pacific & North East Asia Division,” Ellis said. “I look forward to working with the experienced team to continue D&D’s successful journey.”
D&D Technologies was established in 1989 and has some 110 employees and sales for 2021 were $A68 million. The terms of the deal were not disclosed.
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