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ASSA ABLOY agrees to sell Citizen ID business to TOPPAN

October 18, 2024SSN Staff

STOCKHOLM, Sweden—ASSA ABLOY announced it has signed an agreement to sell its Citizen ID business to TOPPAN. The Citizen ID business area of HID manufactures, designs, and implements physical and mobile identity solutions for government to citizen programs around the globe. Citizen ID has some 450 employees with manufacturing facilities in Ireland, Malta and the U.S. Sales in 2023 amounted to about SEK 1,300 M. "I find it very satisfying that with TOPPAN, Citizen ID and its employees...

Assa Abloy, Björn Lidefelt, Citizen ID, HID, Nico Delvaux, TOPPAN