A bench trial between the United States and Assa Abloy came to a screeching halt Friday, after the two parties reached a deal to settle the case. The agreement marked a stark change in strategy, after seven months of deliberation in which the U.S. staunchly objected to Assa Abloy’s plan to acquire the HHI division […]

Assa Abloy’s acquisitions during the first fiscal quarter of 2023 and organic sales growth of 8% are among the factors prompting president and CEO Nico Delvaux to suggest the company has seen a “very strong start to 2023.” The positive report comes amid a challenging week, as the company faces a bench trial, seeking to […]

ASSA ABLOY and the United States have yet to come to terms with respect to the latter’s lawsuit attempting to block the company’s acquisition of the HHI division of Spectrum Brands. After more than six months of deliberations, a D.C. District Court has scheduled the matter for a bench trial next week. ASSA ABLOY’s agreement […]