ASSA ABLOY acquires Korean company


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Tuesday, 06 September 2011
Assa Abloy has signed an agreement to buy Angel Metal in Korea. Angel Metal sells locks and components in the Korean market.
The company is expected to have sales of approximately Skr170 million and is expected to contribute positively to earnings per share, according to a press release.
The purchase is subject to approval by relevant authorities.
By Team

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