ASSA ABLOY acquires ENOX in India
ASSA ABLOY has signed an agreement to acquire the locks and hardware business under the ENOX brand from Pooja Hardware, one of the market leaders in India. "I am very pleased that ENOX is joining the ASSA ABLOY Group. ENOX is the Group’s first major entry into the large and fast growing Indian market and will constitute an important building block in our strategy to grow market presence in emerging markets”, says Johan Molin, President and CEO of ASSA ABLOY. "ENOX is a great addition to the Asia Pacific division. The acquisition adds complimentary business channels and products to our