ASSA ABLOY acquires Lorient in the UK
ASSA ABLOY has acquired Lorient, a leading designer and manufacturer of high performance door sealing systems based in the UK with half of sales exported outside of the UK and EU. "I am very pleased to welcome Lorient and their employees into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in the mature markets through adding complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY. “Lorient is a very attractive addition to the EMEA division thanks to its strong position in the UK fire