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October 4, 2023

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Acquisitions

ASSA ABLOY acquires US-based door hardware supplier Securitech

ASSA ABLOY has acquired Securitech Group Inc., a manufacturer of high-security mechanical and electronic door hardware products based in the United States.

“I am very pleased to welcome Securitech 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,” says Nico Delvaux, President and CEO of ASSA ABLOY.

“Securitech’s focus on innovative, high-security locking solutions fills several gaps in our existing door hardware portfolio and I’m excited for them to be part of ASSA ABLOY,” adds Lucas Boselli, Executive Vice President of ASSA ABLOY and Head of the Americas Division.

“This acquisition provides a great opportunity for us to further enhance our core offering to education, critical infrastructure, government, behavioural health, and other high-security markets.”

Securitech was established in 1983 and has around 50 employees. Its HQ and factory are in Maspeth, Queens, New York.

Securitech’s product line focuses on high-security door hardware such as multipoint and deadbolt locking.

Featured products on its website include the Trident multi-point locking solution, the Safebolt locking bolt designed to “replace cylindrical locksets”, and QID, a fully functioning mortise lock.

 

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