ASSA ABLOY has agreed a deal to acquire SKIDATA, an international provider of access management solutions.

“I am very pleased to welcome the SKIDATA team into the ASSA ABLOY Group,” said Nico Delvaux, President and CEO of ASSA ABLOY.

“This acquisition delivers on our strategy to grow our business in mature markets through adding complementary products and solutions to our core business.”

SKIDATA was founded in 1977 and is part of the Public Access division of Swiss listed Kudelski Group (SWX:KUD) and has some 1,280 employees.

SKIDATA is headquartered in Salzburg, Austria and will be part of the Business Segment Pedestrian within the Entrance Systems Division.

Complementing current offering

“SKIDATA’s attractive product portfolio and strong performance in access solutions will enhance and complement our current offering,” added Massimo Grassi, Executive Vice President of ASSA ABLOY and Head of Entrance Systems Division.

“Its commitment to secure, reliable access solutions and excellent customer service aligns perfectly with our values and I’m convinced that together, we will continue our successful journey.”