ASSA ABLOY announces acquisition of Mauer®

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ASSA ABLOY has acquired Mauer®, a leading supplier of hinges and locks. Mauer® has a production facility in Bulgaria and an assembly hall with a business unit in the Netherlands.

Mauer®  Netherlands was founded in 1978, has a revenue of over €5 million and employs 22. The company is located in a 2000m², modern location in Amersfoort. Mauer®  Netherlands is specialised in assembly of cylinder platforms and their product range includes mechanical locks, electro-mechanical products and hinges. 

Tzachi Wiesenfeld, Executive Vice President of ASSA ABLOY, and head of the EMEA-division announced the acquisition: "I am very pleased to welcome Mauer®  to the ASSA ABLOY Group. The expertise and product range of Mauer®  is an important addition to our product range and will strengthen our position in the Benelux region." 

"Mauer®  is an innovative company, in particular concerning cylinders. They have a good reputation and a leading position in the Dutch market of keying and locking specialists. The specialization of Mauer®  in retail complements our current business to perfection." says John Ward, Market Region Manager of ASSA ABLOY Benelux.

Mauer®  Netherlands continues to operate as a separate business unit, with the current management team that lead the company to success.