ASSA ABLOY B

ASSA ABLOY B’s strategic Sennco acquisition and a possible U.S. housing rebound signal mid‑term earnings growth, yet European construction cycles still pose short‑term risks.

Assa Abloy, a Swedish provider of door opening products and access solutions, has acquired German access-control specialist Kentix GmbH to expand its product portfolio and strengthen its presence in the data-center security segment.