ASSA ABLOY signed an agreement to acquire Alcea, a security supervision software provider.
Alcea was established in 1995 and has some 120 employees. The main office is located in Villebon-sur-Yvette, France. The acquisition is subject to regulatory approval and customary closing conditions and is expected to close during the third quarter of this year.
What people are saying
"I am very pleased to welcome Alcea into the ASSA ABLOY Group. This company will reinforce our offering within critical infrastructure and will provide complementary growth opportunities,” says President and CEO of ASSA ABLOY Nico Delvaux.
“Alcea offers high-quality and innovative digital solutions under a strong and well-known brand, and the acquisition will further advance our position as a full solutions provider. I welcome Alcea’s experienced team and I am convinced that we together will continue our successful journey,” says Executive Vice President and Head of Global Technologies business unit Global Solutions Stephanie Ordan.
