Assa Abloy acquires Messerschmitt Systems in Germany

Assa Abloy has acquired Messerschmitt Systems, a well-established German developer and manufacturer of access control hardware and software solutions for the hospitality market including products for access control and in-room control. Messerschmitt Systems was founded in 1985 and has some 100 employees. The main office is located in Schwaig, East of Nurnberg, Germany. Messerschmitt Systems will be part of Global Solutions business area Hospitality. Sales for 2023 amounted to about MEUR 11. The acquisition will initially have a small dilutive effect to EPS.