- July 5, 2021
- Posted by: Stratford Team
- Category: Business
STOCKHOLM, July 5, 2021 /PRNewswire/ — ASSA ABLOY has signed an agreement to sell its Nordic locksmith business CERTEGO to Nalka Invest, which invests in small- and medium-sized businesses primarily in the Nordic region. This transaction reinforces the strategic focus on the core security solutions business of the ASSA ABLOY Opening Solutions EMEIA Division.
CERTEGO is a market-leading locksmith and security solutions installation business in the Nordic region. It provides planning, installation and managing of mechanical, electro-mechanical and electronic security solutions for customers across multiple verticals. CERTEGO has a network of around 70 locations with some 1,200 employees in Sweden, Finland, Norway and Denmark. The impact from the divestment on ASSA ABLOY external sales is around SEK 1.5 bn.
“I find it satisfying that with Nalka Invest we were able to find a committed, experienced owner that gives the business a new home and creates new…
