ASSA ABLOY to Acquire Brazil's Rometal in SEK 580M-Sales Deal

STOCKHOLM – November 12, 2026 -- ASSA ABLOY has signed an agreement to acquire Rometal, a Brazilian aluminum solutions maker with 2025 sales of about MBRL 332 (approx. MSEK 580) and a strong EBIT margin. The company expects the deal to be accretive to earnings per share from the start.

Rometal adds door systems and accessories to ASSA ABLOY's Latin American business

Rometal manufactures aluminum solutions and accessories, including interior door systems, cabinet doors, frames and pullers. Founded in 1983, it employs some 500 people. Its main office and factory are in VeranĂ³polis, Brazil.

Rometal will join the Latin American Business Segment within ASSA ABLOY's Americas Division.

CEO Delvaux ties the purchase to an emerging-markets expansion strategy

ASSA ABLOY President and CEO Nico Delvaux said the acquisition delivers on the group's strategy of strengthening its position in emerging markets by adding complementary products to its core business.

Lucas Boselli, Executive Vice President and Head of the Americas Division, said the deal will broaden the product offering and extend ASSA ABLOY's reach into complementary channels.

Regulatory approval gates a fourth-quarter 2026 closing

The transaction is subject to regulatory approval and customary closing conditions. ASSA ABLOY expects it to close during the fourth quarter of 2026. The company did not disclose the purchase price.

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