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ASSA ABLOY holds Q2 presentation, announces acquisition of Evolis

July 19, 2023Ken Showers, Managing Editor

STOCKHOLM – ASSA ABLOY preempted its second fiscal quarter 2023 presentation with the news that the company would be acquiring Evolis through its subsidiary HID Global. The news came roughly an hour before the company’s quarterly presentation detailing their intent to purchase approximately 98.5 percent of shares from the French manufacturer of ID card printers and consumables. "This operation is a tremendous development opportunity for our two groups," Evolis CEO Emmanuel Picot...

2023, Assa Abloy, Björn Lidefelt, Emmanuel Picot, Evolis, HID Global, Nico Delvaux, Second Quarter (Q2), Spectrum Brands’ Hardware and Home improvement division (HHI)