"This acquisition delivers on our strategy to strengthen our position in emerging markets through adding complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of Assa Abloy

“Rometal has built a strong business with a reputation for innovative, high-quality solutions that combine functionality with beautiful modern design,” says Lucas Boselli, Executive Vice President and Head of the Americas Division. “With this acquisition, we will strengthen our product offering and expand our reach into complementary channels, creating an exciting platform for continued growth. We look forward to welcoming the Rometal team to Assa Abloy.”

Rometal was founded in 1983 and has some 500 employees. The main office and factory are located in Veranópolis, Brazil. Rometal will be part of the Latin American Business Segment within the Americas Division.

Sales for 2025 amounted to about MBRL 332 (approx. MSEK 580) with a strong EBIT margin. The acquisition will be accretive to EPS from the start.

The acquisition is subject to regulatory approval and customary closing conditions and is expected to close during the fourth quarter of 2026.