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Thursday, February 2, 2023

ASSA ABLOY Acquires B&B Roadway and Security Solutions

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.

B&B Roadway and Security Solutions was established in 1925 and has some 60 employees. The main office is located in McKinney, Texas. Sales for 2020 amounted to about $14 million with a good EBIT margin. 

“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.

“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 together we will continue our successful journey,” says Massimo Grassi, Executive Vice President of ASSA ABLOY and Head of Entrance Systems Division.

Read the announcement at ASSA ABLOY

Homeland Security Todayhttp://www.hstoday.us
The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

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