Lock Industry Mergers - HES And Securitron Combine To Form Assa-Abloy Electronic Security Hardware

Breaking News: Two companies already owned by Lock Industry monolith Assa-Abloy, have decided to merge and form the start of Assa-Abloy Electronic Security Hardware.

HES are a well known manufacturer of electric strikes and electronic access control products that have dominated the access control industry for over 40 years. Their continued wide ranging use in residential, commercial, institutional and industrial markets, cemented their market dominance.

Securitron, began operations in 1977 with the release of their patented "E Profile Magnetic Lock", a game changing product that dramatically increased physical security protection for entry points.
Throughout their years, Securitron have continued their impressive research and development initiatives and released market changing products including, but not limited to, "Touch-Sense Panic Exit Devices" among other products.

Assa-Abloy recognized the important and unique research and development by these two companies and separately, bought them out at different times in the last few years.

Assa-Abloy has maintained a policy of limited interference in a company it has purchased, allowing many of those companies to continue their business models, but with the strength of the Assa-Abloy Conglomerate, propping up and supporting them, keeping them financially viable and producing.

This decision, by the two companies to merge their operations under their parent company Assa-Abloy Electronic Security Hardware, comes as no surprise to market players.

Assa-Abloy recently completed the acquisition of August, the startup company who produced a market leading residential security add-on, that converts an existing residential deadbolt lock into a bluetooth/WiFi controlled access control point, but (as it's unique selling point) without requiring a user to replace their existing deadbolt lock.

Market observers are keenly keeping eyes on Assa-Abloy to see which other companies (already under their umbrella) will be added to this new Assa-Abloy Electronic Security Hardware division.

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