ASSA ABLOY acquires MSL in Switzerland
ASSA ABLOY has signed an agreement to acquire MSL Schloss und Beschlägefabrik AG, a leading Swiss supplier of innovative locks. "I am very pleased to welcome MSL into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in the mature markets through adding complementary market segments and products", said Johan Molin, President and CEO of ASSA ABLOY. "MSL stands for innovative lock technology", said Tzachi Wiesenfeld, Executive Vice President of ASSA ABLOY and head of the EMEA division. “It has continually shown its success thanks to its high