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4Front is a leader in docking systems
December 27, 2012
By: DAVID SAVASTANO
Contributing Editor, Coatings World and Ink World
ASSA ABLOY has acquired the U.S. company 4Front, a leader in docking systems. 4Front offers a complete product range around docking systems as well as a large variety of accessories. “4Front, with its leading brands, is yet another strategic entry to the important North American market in entrance automation. I welcome this addition that further reinforces the ASSA ABLOY Group’s leadership in entrance automation, growing from SEK 3 billion in 2008 to more than SEK 12 billion proforma in 2012,” said Johan Molin, president and CEO of ASSA ABLOY. “The acquisition of 4Front is a great addition to our growing portfolio of docking systems and adds also strongly to our position in the indirect channel of entrance automation products. 4Front has a strong market position, excellent products and a very experienced organization. We look forward to develop the US and other markets together with the 4Front team,” commented Juan Vargues, executive vice president of ASSA ABLOY and head of Division Entrance Systems. The company was founded in 1953 and is based in Carrollton, TX, with operations in the U.S., Canada, Mexico and India. The company has 750 employees. Sales for 2012 are expected to reach US$165M (SEK 1,100 M). The deal was closed simultaneously with signing on Dec. 24, 2012.
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