Assa Abloy re-organises entrance systems division

Stockholm, Sweden

Mogens Jensen, Entrance Systems Division, Assa Abloy

To enable continued and accelerated growth of its Entrance Systems Division, the Assa Abloy Group is forming a new divisional structure.

The Entrance Systems division has, since its foundation in 2006, successfully grown from SEK 3 bn to above SEK 25 bn in annual revenue.

The new divisional structure will be formed around four business segments: Pedestrian, Industrial, Residential and Perimeter Security. Perimeter Security is currently part of the Opening Solutions Americas division and will be transferred to the Entrance Systems division to create new opportunities to scale up and potentially drive a global expansion.

The business segments will be the highest responsible operational entities reporting to the division. This will increase the focus on the operation and enable further synergies within respective business segments.

Recruitment of a new Head of Entrance Systems division has been initiated and the current Head of Entrance Systems division, Mogens Jensen, will remain in the organisation, and will be responsible for two of the business segments.

The changes are planned to take effect early 2020.


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