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ASSA ABLOY acquires card personalisation tech company

ASSA ABLOY has acquired IXLA, an Italian manufacturer of advanced laser and colour personalisation systems for cards and passports.

Nico Delvaux, president and CEO of ASSA ABLOY called the acquisition "an interesting technological addition" and said it will "increase our presence in the government card personalisation equipment space and provides complementary growth opportunities.”

The move is part of the Group’s commitment to providing document personalisation solutions across a variety of industries. “With IXLA’s technology and expertise, we are better positioned for geographic expansion, particularly in the government and financial institution space,” said Björn Lidefelt, EVP and Head of HID.

IXLA was founded in 2003, has 50 employees and a 2023 turnover of 13m euros.

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