Assa Abloy AB

Assa Abloy expands its North American footprint with acquisitions of Sennco Solutions and Sam’s Garage Doors, boosting its security and door‑products portfolio.

Assa Abloy’s purchase of U.S. retail‑security firm Sennco boosts U.S. market entry, adds $330 m SEK revenue and drives analyst‑approved EPS growth.

Danske Bank has upgraded its target price for Assa Abloy AB to 375 SEK, citing the company’s high-quality industrial business model and robust earnings potential, despite a cautious outlook for the broader manufacturing sector.