Gunnebo Group agrees to divest Gunnebo Entrance Control to ASSA ABLOY

Gunnebo Group offers innovative products and services that protect and control the flow of people and securely safeguard valuables through its two separate business units: Gunnebo Entrance Control and Gunnebo Safe Storage.

The transaction marks an important milestone in Gunnebo Group’s strategic development. Following completion of the transaction, Gunnebo Group will then focus exclusively on Gunnebo Safe Storage, enhancing both its global reach and offer for end user customers.

Commenting on this development, Stefan Syren (president and CEO of Gunnebo Group) explained: “I’m excited about the journey ahead for Entrance Control as part of ASSA ABLOY. Over the past decade, we’ve transformed Gunnebo from an industrial conglomerate into a focused technology company. The combined team brings innovative products, strong service capabilities and highly skilled talent to the market.”

Syren continued: “Altor and Stena Adactum have invested significantly in the business – in our people, new factories, new products, product development, digitalisation and sustainability – with the ambition to build a world-class company. With their continued support, Gunnebo will sharpen its focus on the SecureTech and Safe Storage markets, accelerate innovation, digitalisation and service-based business models, deepen customer relationships and drive customer-led sustainable growth organically and through selected acquisitions.”

Proud moment 

Howard Lang, president of Gunnebo Entrance Control, stated: “This is a proud moment for everyone at Gunnebo Entrance Control. We are excited about the opportunities this combination creates for our employees, customers and partners. Bringing together these two organisations with complementary strengths will accelerate innovation, further improve our customer offer, drive future growth and reinforce our position as a leading provider of entrance control solutions. Becoming part of ASSA ABLOY marks the beginning of an exciting new chapter.” 

The transaction is subject to the customary regulatory approvals and is expected to close during the fourth quarter of 2026.

Gunnebo Group offers solutions to customers in key vertical sectors including retail, banking, public transport and defence. The organisation operates worldwide through 24 country locations and 12 production facilities supported by upwards of 3,800 employees, duly serving customers in more than 100 markets. In 2025, net sales amounted to 435.3 million Euros.

Gunnebo Group is a participant of the United Nations Global Compact and adheres to its principles-based approach towards responsible business.

*Further information is available online at www.gunnebo.com