ASSA ABLOY Acquires B&B Roadway and Security Solutions in the US

ASSA ABLOY has acquired B&B Roadway and Security Solutions, a manufacturer of roadway safety, traffic control and perimeter security solutions in the US.

“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 we together will continue our successful journey,” said Massimo Grassi, EVP of ASSA ABLOY and head of Entrance Systems Division.

B&B Roadway and Security Solutions was established in 1925 and has approximately 60 employees. The main office is located in McKinney, TX, USA. Sales for 2020 amounted to about $14 mil-lion with a good EBIT margin.