ASSA ABLOY has acquired Senior Architectural Systems (SAS), an independent supplier of aluminum window, door and curtain wall systems and thermally efficient fenestration systems.
Speaking of the acquisition Nico Delvaux, president and CEO of ASSA ABLOY said: "I am very pleased to welcome SAS to ASSA ABLOY. This acquisition delivers on our strategy to add complementary products and solutions to our core business."
Neil Vann, executive vice president of ASSA ABLOY and head of EMEIA Division added: "SAS is an exciting addition to our UK business, and I am delighted to welcome the team to ASSA ABLOY. SAS offers an innovative and high-quality range of window and door profile systems including market leading thermally efficient technology. Its portfolio will further extend the ASSA ABLOY offering in the commercial OEM market in the UK.”
Commenting, Senior Architectural Systems’ managing director Mark Wadsworth said: "We are delighted to join ASSA ABLOY Group and combine our heritage as one of the leading UK aluminium fenestration systems suppliers with ASSA ABLOY’s international scale and world leading brand and technology in access solutions.
“This is an exciting next step in our journey, creating opportunities to enhance our offering through the complementary capabilities of both businesses, and ultimately achieving our growth ambitions.”
SAS was established in 1991 and has 150 employees. The main office and factory are located in Yorkshire, UK. Sales for 2024 amounted to about MGBP 50 (approx. MSEK 680) with a strong EBIT margin. The acquisition will be accretive to EPS from the start.
