The ASSA ABLOY Group - Yale Africa

Yale is a part of the ASSA ABLOY Group, the world's leading manufacturer and supplier of locking solutions, dedicated to satisfying end-users needs for security, safety and convenience. With more that 100 companies operating in 40 countries, ASSA ABLOY has a strong global presence and holds more than 10 percent of the world market.

Market quotation

ASSA ABLOY was introduced on the Stockholm Stock Exchange on 8 November 1994. In October 1995 the share was transferred to the A-list.
The market capitalization at year-end (2003) was SEK 31,286 M.

President and CEO

Johan Molin

Chairman

Georg Ehrnrooth

Number of employees

29,000

10 years of growth

The ASSA ABLOY Group originated in the Nordic region in 1994, with the spin off of Assa AB from the Swedish security company Securitas and the acquisition shortly thereafter of the Finnish lock company Abloy. Since then the Group has expanded by a combination of organic growth and further acquisitions.

One of ASSA ABLOY's most important acquisitions, during the history of ASSA ABLOY, was the acquisition of Intruder Security Group in 2000, which contributed to the Group's global coverage and added the strong brand name Yale.

For more information please visit the ASSA ABLOY Group site www.assaabloy.com.