ASSA ABLOY moves the production unit from Barkan

As a response to received questions concerning the production unit in Barkan on the West Bank and referring to yesterday's press release ASSA ABLOY makes the following clarification:
The production will be moved. The purpose and task of the internal investigation is to plan the move in an orderly way.
ASSA ABLOY would also like to take the opportunity to underline that the investment in the Barkan facility was made in 1984, more than 15 years before Mul-T-Lock was acquired. During ASSA ABLOY's period of ownership of Mul-T-Lock no expansion has taken place and investments have mainly been for replacement of the acquired machine park.
ASSA ABLOY can only in this context regret that the inappropriateness has not been noted internally, during the eight years of ownership, of having a production unit on the West Bank.
For more information, please contact:
Ann Holmberg, manager Corporate Communications +46 8 506 485 54

About Us

ASSA ABLOY is the global leader in door opening solutions and offers mecahnical and electromechanical locks, digital door locks, security doors, entrance automation, hotel security and secure identity solutions, primarily in identity and access management, as well as a number of other related products and services. Since its formation in 1994, ASSA ABLOY has grown from a regional company into an international Group with some 47,500 employees operating in more than 70 countries and sales of SEK 76 billion.


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