Assa Abloy has acquired Lawrence Doors, a U.S. manufacturer of coiling steel doors, grilles and counter shutters.
What people are saying
"I am very pleased to welcome Lawrence Doors into the Assa Abloy Group. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” says Nico Delvaux, president and CEO, Assa Abloy.
"With the acquisition of Lawrence Doors, we are set to enter the rapidly growing coiling steel market and establish a strong presence on the U.S. West Coast," says Massimo Grassi, executive vice president, Assa Abloy and head of entrance systems division. "This acquisition will also equip us with the expertise and product portfolio needed to better serve our dealers and customers.”
About Lawrence Doors
Lawrence Doors was founded in 1925 and has about 120 employees. The main office and factory are located in Baldwin Park, California. Lawrence Doors will be part of the business segment residential within the entrance systems division.