ASSA ABLOY Strengthens Its Market Position in the Czech Republic and Slovakia.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--Feb. 23, 2001 ASSA ABLOY The ASSA ABLOY Group is a Swedish company. The group is the world's leading manufacturer and supplier of locks. ASSA ABLOY was formed in 1994 when ASSA Ab was detached from Swedish security firm Securitas AB. has acquired RIS RIS rabies inhibiting substance. - the local distributor of ABLOY ABLOY Aktiebolaket Lukko Osakeyhtiö and VingCard lock products in the Czech Republic and Slovakia. The acquisition of RIS strengthens ASSA ABLOY's position in both countries, especially in the area of electromechanics. This complements the market leading position already achieved by FAB. RIS currently has annual sales of CZK CZK In currencies, this is the abbreviation for the Czech Koruna. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 58 M (SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 14 M). ASSA ABLOY AB (publ) P.O. Box 70340, SE-107 23 Stockholm Tel: +46 8 506 485 00, Fax: +46 8 506 485 85 Visiting address: Klarabergsviadukten 90 www.assaabloy.com The ASSA ABLOY Group is the world's leading manufacturer and supplier of locks and associated products, dedicated to satisfying end-user needs for security, safety and convenience. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/02/23/20010223BIT00100/bit0001.doc http://www.bit.se/bitonline/2001/02/23/20010223BIT00100/bit0001.pdf |
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