Assa Abloy acquires Keyper in US

Assa Abloy acquires Keyper in US | #TpromoCom #Acquisition #Business #AccessControl | Assa Abloy has signed an agreement to acquire Keyper Systems, a leading supplier of electronic and mechanical key management systems in the US with a strong presence in the automotive segment.

Keyper Systems was established in 1993 and has approximately 25 employees. The head office is located in Harrisburg, North Carolina.

Sales for 2019 are expected to reach about USD 22 million (approx. SEK 195 million) with a good EBIT margin and the acquisition will be accretive to EPS from start.

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