ASSA ABLOY has announced that it has acquired Wesko Locks, a Canadian manufacturer and supplier of electronic and specialty locks.
Wesko Locks was founded in 1990 and has around 70 employees. The main office and factory are located in Mississauga, close to Toronto, Canada.
“I am very pleased to welcome Wesko Locks into the ASSA ABLOY Group,” said Nico Delvaux, President and CEO of ASSA ABLOY.
“This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business.”
“Wesko Locks has an extensive portfolio that complements our current high-security products and solutions,” said Lucas Boselli, Executive Vice President of ASSA ABLOY and Head of the Americas Division.
“Their focus on high quality, innovative products and excellent customer service reflects our values.”