TRIMEC is the leading manufacturer of electric strikes in Australia. Expected sales for 2000 amounts to AUD 5 million. The company's innovative range of products is an ideal fit with ASSA ABLOY's existing program. Through this acquisition ASSA ABLOY strengthens its position on the Australian market as well as on the fast growing global market for electromechanical lock products.

  

 

For further information, please contact

Carl-Henric Svanberg, President & CEO, tel: +46-70-510 0551,

or Göran Jansson, CFO, tel: +46-70-698 8572

 

 

ASSA ABLOY AB (publ)

P.O. Box 70340, S-107 23 Stockholm

Tel: Int+46-8-506 485 00, Fax: Int +46-8-506 485 85

Visiting address: Klarabergsviadukten 90

 

 

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The ASSA ABLOY Group is the world's leading manufacturer and supplier of locks and associated products,

dedicated to satisfying end-user needs for security, safety and convenience. In 1999 the Group

reported sales of SEK 10, 277 million and has about 13,000 employees.