Christophe Sut

ASSA ABLOY has signed an agreement to acquire FocusCura, a provider of technology solutions for senior care in the Dutch market. FocusCura has developed a software platform, which in combination with other products and technology services, enables elderly care organizations to focus on care. "I am very pleased to welcome FocusCura and their employees into the ASSA ABLOY Group. FocusCura is a strategic technological addition to the ASSA ABLOY Group. The company will reinforce our current offering within Senior Care and will provide complementary growth opportunities,” says Nico Delvaux, President and CEO of ASSA ABLOY. Digital solutions for care providers “FocusCura is a true innovator in digital solutions for care providers and senior people. The FocusCura offering is a good fit with our solutions in Phoniro and together we will continue to support people to stay independent for longer and live enriched lives,” says Christophe Sut, Executive Vice President and Head of Global Technologies business unit Global Solutions. FocusCura was founded in 2003 and the main office is located in Driebergen-Rijsenburg, Netherlands. The acquisition will be dilutive to EPS from start. The acquisition is expected to close during the third quarter of 2020.

ASSA ABLOY has acquired Biosite Systems, a globally renowned solutions provider of biometric access control to the UK construction industry. "I am very pleased to welcome Biosite and their employees into the ASSA ABLOY Group. Biosite is a strategic technological addition to the ASSA ABLOY Group. The company will reinforce our current offering within solutions for access control and will provide complementary growth opportunities,” says Nico Delvaux, President and CEO of ASSA ABLOY. Biometric access management solutions expert “Biosite offers biometric access- and workforce management solutions to the construction sector; maximizing security and safety while providing full visibility to material-, design plans- and people flow on the construction site. Combining hardware, software and services the company is a very good fit with ASSA ABLOY Global Solutions,” says Christophe Sut, Executive Vice President and Head of Global Technologies business unit Global Solutions, ASSA ABLOY. Biosite was founded in 2010, has some 140 employees and the main office is located in Solihull, United Kingdom. Sales in 2019 amounted to about GBP 14 million (approx. SEK 175 million) and the acquisition will be dilutive to EPS from start.