Gunnebo Group has entered into an agreement to divest the business unit Gunnebo Entrance Control to Assa Abloy.
The transaction marks an important milestone in Gunnebo Group’s strategic development. Following completion of the transaction, the group will focus exclusively on Gunnebo Safe Storage.
Stefan Syren, president and CEO of Gunnebo Group, says: “I am excited about the journey ahead for Entrance Control as part of Assa Abloy. Over the past decade, we have transformed Gunnebo from an industrial conglomerate into a focused technology company. The combined team brings innovative products, strong service capabilities and highly skilled talent to the market.
Altor and Stena Adactum have invested significantly in the business and with their continued support, Gunnebo will sharpen its focus on the SecureTech and Safe Storage markets.
Howard Lang, president of Gunnebo Entrance Control said: “This is a proud moment for everyone at Gunnebo Entrance Control. We are excited about the opportunities this combination creates for our employees, customers and partners. Bringing together these two organisations with complementary strengths will accelerate innovation, further improve our customer offering and drive future growth.”
The transaction is subject to customary regulatory approvals and is expected to close during the fourth quarter of 2026.
