ASSA ABLOY Strengthens Market Position with Acquisition of Door System in Denmark
April 25, 2025 - As a strategic step towards expanding its range of high-end access solutions further, ASSA ABLOY, the world-leading company in access technology, today announced the signing of an agreement to acquire Door System, the Danish door manufacturing company with great reputation for producing fire-rated doors and specialized door solutions for pharmaceutical, food, and retail segments.
The takeover, which continues ASSA ABLOY's longer-term strategy for growth through supplementary acquisitions, constitutes a major move in the development of the group's continued endeavour to offer efficient and secure solution for access internationally. Pending standard regulatory approvals and closing conditions, the deal is expected to conclude in the second quarter of 2025.
A Strategic Fit for the Future
ASSA ABLOY President and CEO Nico Delvaux welcomed the agreement, citing its fit with the company's strategic direction.
"I am delighted to welcome Door System to ASSA ABLOY. The acquisition fulfills our ambition to acquire complementary products and solutions to complement our core business," Delvaux said.
Door System offers more than twenty years of specialized knowledge in fire-rated, hygienic, and temperature-controlled doors, constituting a perfect fit for ASSA ABLOY's EMEIA (Europe, Middle East, India, and Africa) Division. Its product range is especially designed to service sectors where hygiene, safety, and operational efficiency are not an option.
Neil Vann, ASSA ABLOY Executive Vice President and Head of the EMEIA Division, pointed to the strategic significance of Door System's product range:
“I am delighted that Door System will join the EMEIA Division. Their strong expertise in high-quality fire-rated doors aligns well to our door segment vision, providing exceptional combined fire-rated, freezer and hygienic door solutions across industries through focus on innovation and excellence. We welcome the team at Door System to the ASSA ABLOY family.”
Regarding Door System
Door System was established in 1998 and has its headquarters located in Hørning, Denmark. It now has around 80 employees working for it, and it both operates its head office and production units in Denmark. Door System has developed a good reputation due to its high-quality engineering as well as customer-oriented solutions.
Door System is renowned for providing doors that satisfy rigorous industry standards, especially in industries where clean and controlled environments are essential. Their offerings include fire-rated doors, sliding freezer doors, and hygienic solutions that enable effective operations in food manufacturing, pharmaceuticals, and logistics. The company has also been awarded for its robust service capabilities and close cooperation with customers to create tailored solutions.
For the financial year 2024, Door System had sales of around DKK 125 million (or some SEK 190 million) with robust profitability levels. For ASSA ABLOY, it is expected to be accretive to EPS on the same day that the transaction closes.
Growing Capabilities Across Core Industries
The incorporation of Door System into the ASSA ABLOY group is more than a commercial transaction—it is an expression of mutual vision of bringing industry-leading standards of safety and efficiency to access solutions.
Door System's profound expertise in industries where reliability and conformity are critical will add to ASSA ABLOY's already strong portfolio. Specifically, the takeover will enhance ASSA ABLOY's ability to produce sophisticated solutions for environments with demanding fire protection, thermal insulation, and hygienic separation needs.
This growth is especially timely as international standards around workplace safety, environmental management, and operational effectiveness continue to shift. Pharms and food processing are among the industries more and more seeking smarter, integrated door solutions that will facilitate automation, reduce risk of contamination, and protect energy efficiency—areas where Door System has shown strong capability.
Sustained Emphasis on Innovation and Excellence
ASSA ABLOY has a deep history of commitment to innovation and sustainability in its access solution approach. The acquisition of Door System is likely to support this commitment by bringing new technical strengths, manufacturing excellence, and customer expertise into the business.
The firms have a shared vision for product innovation and quality, based on solid engineering practices and a deep commitment to customer requirements. As part of the EMEIA Division, Door System will leverage the global size and resources of ASSA ABLOY while continuing to innovate and provide customized solutions to its current customer base.
Looking Ahead
As the acquisition advances into its final phases, the two companies are positive about the added value that this union will bring to customers, employees, and shareholders. With a focus on operational excellence, product innovation, and customer service in common, the merger of Door System into ASSA ABLOY will bring strong synergies and solidify the group's leadership position in the European market.
As the industrial world continues to grow in complexity and regulatory requirements, the acquisition reflects ASSA ABLOY's aggressive drive for expansion via strategic alliances and product diversification. The expansion not only extends its strength in core verticals but also confirms its status as a reliable distributor of secure, sustainable, and efficient access solutions globally.
About ASSA ABLOY
ASSA ABLOY is the world's leading access solutions company, offering innovative products and services that provide secure, convenient, and efficient access to physical and digital places. Operating in more than 70 countries with around 63,000 employees, ASSA ABLOY reported sales of SEK 150 billion in 2024.
The company enjoys leading positions within markets such as door openings, trusted digital identities, and entrance automation. ASSA ABLOY, through innovative ideas and extensive focus on customer care, ensures that people and organizations worldwide benefit from a more open and safe world.
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