By Dominic Chopping
STOCKHOLM--Assa Abloy said Thursday it has acquired Ghost Controls, a U.S. supplier of automated residential gate openers.
Ghost Controls was founded in 2015 and has around 40 employees. It is headquartered in Tallahassee, Florida.
Sales for 2022 amounted to around $30 million and the acquisition will be accretive to EPS from the start, Assa Abloy said.
Financial terms weren't disclosed.
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