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ASSA ABLOY acquires B&B Roadway and Security Solutions, US


December 16, 2021
By SP&T Staff

ASSA ABLOY has acquired B&B Roadway and Security Solutions, a manufacturer of roadway safety, traffic control and perimeter security solutions in the U.S.

“I am very pleased to welcome B&B Roadway and Security Solutions into the ASSA ABLOY Group. I welcome this complementary business, specializing in innovative perimeter security,” said Nico Delvaux, President and CEO of ASSA ABLOY in a statement.

“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,” said Massimo Grassi, Executive Vice President of ASSA ABLOY and Head of Entrance Systems Division in a statement.

B&B Roadway and Security Solutions was established in 1925 and has some 60 employees. The main office is located in McKinney, Texas, USA.

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The company stated that sales for 2020 amounted to about MUSD 14 with a good EBIT margin. The acquisition will be accretive to EPS from the start.