ASSA ABLOY acquires TRIMEC - Australian manufacturer of electric strikes.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--April 11, 2000 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. acquires through its German subsidiary effeff Fritz fritz n. Informal A condition in which something does not work properly: Our television is on the fritz. [Perhaps from German Fritz Fuss GmbH & Co, the Australian company TRIMEC. TRIMEC is the leading manufacturer of electric strikes in Australia. Expected sales for 2000 amounts to AUD AUD In currencies, this is the abbreviation for the Australian Dollar. 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. 5 million. The company's innovative range of products is an ideal fit with ASSA ABLOY's existing program. Through this acquisition ASSA ABLOY strengthens its position on the Australian market as well as on the fast growing global market for electromechanical The use of electricity to run moving parts. Disk drives, printers and motors are examples. Electromechanical systems must be designed for the eventual deterioration of moving components that wear over time. The first TVs were electromechanical systems (see video/TV history). lock products. ASSA ABLOY AB (publ) P.O. Box 70340, S-107 23 Stockholm Tel: Int+46-8-506 485 00, Fax: Int +46-8-506 485 85 Visiting address: Klarabergsviadukten 90 www.assaabloy.se The ASSA ABLOY Group is the world's leading manufacturer and supplier of locks and associated products In the context of fuels and lubricants, a petroleum or chemical product used as a hydraulic fluid, corrosion preventive, liquid propellant, or specialized product, required for the operation, maintenance, or storage of military equipment. , dedicated to satisfying end-user needs for security, safety and convenience. In 1999 the Group reported sales of 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. 10, 277 million and has about 13,000 employees.
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