By Nina Kienle


Assa Abloy said it acquired U.S. manufacturer Premier Steel Doors and Frames for an undisclosed price.

The Swedish lock maker on Monday said that the acquisition will be accretive to earnings per share from the start.

"This acquisition complements our current product portfolio, strengthens our presence in the southern U.S, and enhances our expertise in solutions for metal buildings," Executive Vice President and Head of the Americas Division Lucas Boselli said.


Write to Nina Kienle at nina.kienle@wsj.com


(END) Dow Jones Newswires

12-02-24 0310ET