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ASSA ABLOY acquires Integrated Warehouse Solutions

ASSA ABLOY announced it has acquired Integrated Warehouse Solutions (IWS), a manufacturer of loading dock equipment based in Burleson, Tex.

“I am very pleased to welcome IWS into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” said Nico Delvaux, President and CEO of ASSA ABLOY, in a statement.

“The acquisition of IWS marks an exciting expansion into new market segments, enhancing our brand positioning within our core product offerings. We look forward to welcoming IWS and to adding additional customer value to our core loading dock equipment product offering,” added Massimo Grassi, executive vice-president of ASSA ABLOY and head of the entrance systems division.

IWS was founded in 1975 and has approximately 550 employees.