ASSA ABLOY UK acquires Lorient Group Ltd

ASSA ABLOY UK acquires Lorient Group Ltd
Photo source
www.assaabloy.co.uk

Date: 19 December 2018

ASSA ABLOY UK has acquired Lorient, a leading designer and manufacturer of high performance door sealing systems based in Newton Abbot, Devon.

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 are an exciting addition to our UK business and I am delighted to welcome their teams into ASSA ABLOY”” says Harry Warrender Market Region Manager for ASSA ABLOY Opening Solutions UK. “It offers an extensive high quality range of sealing systems for doors with a strong track record of innovation. Their portfolio will extend the ASSA ABLOY offering into the commercial market in the UK and overseas.

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.

600450 ASSA ABLOY UK acquires Lorient Group Ltd glassonweb.com

Others also read

Frameless Hardware Company and Friese Foundation have reached $1 million in donations to the NGA Foundation, marking five years of financial support for glazing industry education and advocacy.
The Fenestration and Glazing Industry Alliance (FGIA) is offering several optional events during its 2024 Fall Conference in Minneapolis, MN, September 16-19.
Glaston is planning to transfer the production of mobility and display pre-processing equipment products from Glaston Switzerland to Glaston’s factory in Tianjin, China.
Vitro Architectural Glass has been announced as the Gold Sponsor for the NGA 2024 Glazing Executives Forum, taking place Monday, September 30, in conjunction with GlassBuild America.
NGA announced that it relaunched the World of Glass Map on glass.org, featuring glass manufacturing and fabrication locations. The Association plans to add glass recycling locations in the coming months.
AeroShield Materials announces opening of new manufacturing facility, $5M additional funding to produce cutting-edge, energy-efficient technology for built environment.

Add new comment

From industry

NEWS RELATED PRODUCTS

A+W Software GmbH