ASSA ABLOY Purchases German Access Control Company Kentix GmbH
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 16 2025
0mins
Source: NASDAQ.COM
Acquisition Announcement: ASSA ABLOY has acquired Kentix GmbH, a German company specializing in monitoring and access control products for data centers, which is expected to enhance ASSA ABLOY's offerings in this sector.
Financial Impact: The acquisition is anticipated to be accretive to earnings from the outset, with Kentix projected to generate sales of approximately 8 million euros in 2024.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
