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To expand in textile industry ASSA ABLOY announced the acquisition of the textile services business of Invengo Information Technology Co., Ltd, in France. The deal includes a real-time inventory management platform combining software, RFID tags, equipment and services to efficiently identify, track and monitor linen and textile assets.

  • The acquisition of Invengo Textile Services enhances the ASSA ABLOY’s position within smart components and will provide complementary growth opportunities
  • Invengo Textile Services was founded in 1993 and has some 45 employees. Based in La Ciotat, France, it will be part of HID’s Identification Technologies Business Area.

The deals and acquisitions by ASSA ABLOY are featured below:

Feb 2021: To accelerate technological portfolio ASSA ABLOY has acquired Loughborough based Technology Solutions (TSL) in the UK. TSL designs, develops and manufactures ruggedized mobile RFID readers and other multi-technology.

Sep 2020: ASSA ABLOY announced to that it signed an agreement to sell its sensor technology business CEDES in Switzerland to capiton AG. CEDES was established in 1986 and it has more than 320 employees.

Aug 2020: ASSA ABLOY had announced the acquisition of the UK based Access-IS, a leading provider of electronic RFID, NFC and barcode devices enabling the authentication of travel and identity documents, ticket reading and contactless payments.

July 2020: ASSA ABLOY had announced an agreement to acquire Netherlands based FocusCura, a leading provider of technology solutions for senior care in the Dutch market.

April 2020, Around 100,000 face masks have been sourced by our Asia Pacific division to assist the Swedish community in the fight against the coronavirus. Meeting the challenges of quickly sourcing the face masks and arranging shipping has been possible partly because of valuable experience gained during the coronavirus outbreak in China earlier this year.

February 2020, ASSA ABLOY had acquired Biosite, a leading solutions provider of biometric access control to the UK construction industry. Biosite is a strategic technological addition to the ASSA ABLOY Group. Biosite offers biometric access- and workforce management solutions to the construction sector.

ASSA ABLOY, headquartered in Stockholm, Sweden, is a global leader in door opening solutions. It fulfils end user needs for security, safety and convenience. The company has approximately 47,500 employees and operations in more than 70 countries. The company is specialised in areas like access control, identification technology, entrance automation and hotel security across the globe. ASSA ABLOY’s products & services includes as locks, doors, gates , cards, tags, mobile and biometric identity verification systems.

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