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ASSA ABLOY
seals deal
with Lorient
Group Ltd
ASSA ABLOY has acquired Lorient, a
leading designer and manufacturer of
high performance door sealing systems
based in Newton Abbott, Devon.
» » ASSA ABLOY IS AN
international group with
around 47,000 employees and
sales close to £6.4 billion. In
the UK, ASSA ABLOY is best
known for the Yale and UNION
brands and has its Head Office
and main manufacturing
centre in Willenhall.
‘the aquisition
will create
opportunities to
drive innovation
and add value to
their customers’
Given the strong commercial
synergies between Lorient
and ASSA ABLOY Opening
Solutions UK, specifically
the Door Hardware Group,
the acquisition will create
opportunities to drive
innovation and add value to
their customers by offering a
broader product portfolio.
Lorient will continue to
operate as autonomous
businesses as part of the Door
Hardware Group, retaining the
existing strong commercial
and operational team that has
made the business the success
it is today. Existing customer
contact points remain
unchanged.
Lorient was established in
1979 and has its headquarters
in Newton Abbot, Devon. The
business employs globally
approximately 135 employees
and 2018 sales are expected to
reach around £18.6 million.
www.assaabloy.co.uk
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