Mul-T-Lock relocated its factory from the Barkan settlement to the Israeli city of Yanve.
In the last month, Multi-Lock’s corporate communications manager, Ann Holmber, sent Who Profits another confirmation letter for the company’s withdraw from the illegal settlement of Barkan. She also sent the annual report of Assa Abloy (Mul-T-Lock’s owners) highlighting the announcement “Move from the West Bank complete” which states:
“In 2008, ASSA ABLOY decided to relocate the Mul-t-Lock factory from Barkan in the West Bank. The decision was made due to criticism that the factory was located on occupied land. The move was completed in 2011 and the Barkan factory has merged with the Yavne factory in Israel.”
In December 2011, Mul-T-Lock relocated its factory from the Barkan settlement to the Israeli city of Yanve. One of the evidence of Who Profits’ investigation was a confirmation from the company’s president, Alon Lumbroso to Who Profits. (For more info)
Mul-T-Lock manufactures locks and cylinders for security doors. The company is a part of the Swedish group Assa Abloy, and is traded on the Tel-Aviv Stock Exchange (TASE).
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