ASSA ABLOY acquires Lighthouse in the U.S.


ASSA ABLOY has acquired Lighthouse, a sectional door and docking distributor in
North Carolina, South Carolina, and Tennessee.

"I am very pleased that Lighthouse is joining the ASSA ABLOY Group. I welcome
this addition that further reinforces the ASSA ABLOY Group’s leadership in
entrance automation, where our sales have grown from SEK 3 billion in 2008 to
SEK 18 billion in 2015”, says Johan Molin, President and CEO of ASSA ABLOY.

"Lighthouse is a strategic step for us in the USA and we welcome the entire team
to ASSA ABLOY Entrance Systems”, says Juan Vargues, Executive Vice President of
ASSA ABLOY and Head of Division Entrance Systems.

Lighthouse was established in 1994 and has some 150 employees. The company is
headquartered in Charlotte, North Carolina.

Sales for 2016 are expected to reach USD 41 million (approx. SEK 350 million)
with a good EBIT margin. The acquisition will be accretive to EPS from start.

For more information, please contact:
Johan Molin, President and CEO, tel. no: +46 8 506 485 42
Carolina Dybeck Happe, CFO and Executive Vice President, tel. no: +46 8 506 485
72

About ASSA ABLOY
ASSA ABLOY is the global leader in door opening solutions, dedicated to
satisfying end-user needs for security, safety and convenience. Since its
formation in 1994, ASSA ABLOY has grown from a regional company into an
international group with about 46,000 employees, operations in more than 70
countries and sales of SEK 68 billion. In the fast-growing electromechanical
security segment, the Group has a leading position in areas such as access
control, identification technology, entrance automation and hotel security.

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