General Info
POB 70340
SE-107 23 Stockholm
Sweden
Tel: 46-8-50648500
website: www.assaabloy.comIndustry:Manufacture of metal productsLocation:SwedenAnnual Revenues:$1B-Traded in:NASDAQ, OMX, PublicUpdated:10-06-2008
SE-107 23 Stockholm
Sweden
Tel: 46-8-50648500
website: www.assaabloy.comIndustry:Manufacture of metal productsLocation:SwedenAnnual Revenues:$1B-Traded in:NASDAQ, OMX, PublicUpdated:10-06-2008
Manufactures and distributes locks worldwide. The group holds Mul-T-Lock, which has a factory at the Barkan Industrial Zone, an Israeli settlement in the occupied West Bank.
A report regarding the company's ownership of the Mul-T-Lock factory in a settlement was published jointly by Diakonia, Church of Sweden and SwedWatch in October of 2008. Consequently the company announced that it would move the factory from the West Bank, and termed it "an inappropriateness".
Involved in:
Major shareholders: Investment AB Latour (16%), SäkI (13%), Melker Schörling AB(11%), Alecta (5%), Swedbank Robur fonder (3%)
Holds 80% of the shares of Mul-T-Lock. Also owns dozens of other companies and brand names worldwide, including Yale Locks.
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