ASSA ABLOY has announced that they have acquired B&B Roadway and Security Solutions, a renowned manufacturer of roadway safety, traffic control and perimeter security solutions in the U.S.
B&B Roadway acquisition
“I am very pleased to welcome B&B Roadway and Security Solutions into the ASSA ABLOY Group. I welcome this complementary business, specialising in innovative perimeter security,” said Nico Delvaux, the President and Chief Executive Officer (CEO) of ASSA ABLOY.
I welcome the team to ASSA ABLOY and I am convinced that we together will continue our successful journey"
Massimo Grassi, the Executive Vice President (EVP) of ASSA ABLOY and Head of Entrance Systems Division at the company, said “B&B Roadway and Security Solutions with its strong market position will further strengthen our geographic coverage in the U.S. I welcome the team to ASSA ABLOY and I am convinced that we together will continue our successful journey.”
Transaction deal details
B&B Roadway and Security Solutions company was established in 1925 and has some 60 employees. The main office is located in McKinney, Texas, USA.
Sales for 2020 amounted to about MUSD 14 (approx. MSEK 120) with a good EBIT margin. The acquisition will be accretive to EPS from the start.
- Network / IP
- Electronic security systems
- Application security
- Physical security
- Commercial security
- Perimeter security
- Private sector security
- Public sector security
- Security management
- Security devices
- Security installation
- Security access systems
- Asset tracking
- Electronic access control
- Intrusion detection
- Building security
- Facility security
- Public security
- Door access control
- Security service
- Physical Security Information Management (PSIM)
- IP security solutions
- Security communication
- Counter terror
- Gates & Fencing
- Perimeter protection
- Crime prevention
- Corporate Security
- Warning Devices
- Incident Management
- Security Assessments
- Mobile access
- Mergers & Acquisitions
