ASSA ABLOY acquires Sam’s Garage Doors in Canada

ASSA ABLOY acquires Sam’s Garage Doors in Canada

PR Newswire

STOCKHOLM, March 4, 2026 /PRNewswire/ — ASSA ABLOY has acquired Sam’s Garage Doors, a distributor, installer, and servicer of various door products and a manufacturer of gate products, based in Canada.

«I am very pleased to welcome Sam’s Garage Doors to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,» says Nico Delvaux, President and CEO of ASSA ABLOY.

«Through the acquisition of Sam’s Garage Doors we strengthen our position in Western Canada and expand our service reach across the greater Vancouver area. With their complementary portfolio and strong customer focus, we can offer new products to our existing customers and further enhance the service we provide, creating even greater value across the region,» says Massimo Grassi, Executive Vice President of ASSA ABLOY and Head of Entrance Systems Division.

Sam’s Garage Doors was founded in 1990 and has some 40 employees. The main office and manufacturing facility are located in Port Coquitlam, British Columbia, Canada. The company will be part of the Business Segment Industrial within the Entrance Systems Division.

Sales for 2025 amounted to about MCAD 17 (approx. MSEK 120) with a strong EBIT margin. The acquisition will be accretive to EPS from the start.

For more information, please contact:
Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68, E-mail: [email protected]

About ASSA ABLOY
ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 64,000 employees and sales of SEK 152 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/assa-abloy/r/assa-abloy-acquires-sam-s-garage-doors-in-canada,c4316243

The following files are available for download:

https://mb.cision.com/Main/7333/4316243/3962920.pdf Press release
(PDF)

https://news.cision.com/assa-abloy/i/sam-s-garage-doors,c3516168 Sam’s garage
doors

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0 responses to “ASSA ABLOY acquires Sam’s Garage Doors in Canada

  1. Comparto con muchos la visión de que la universidad, salgo contadas excepciones va muy por detrás del mundo real, con una actitud muy reactiva.
    Hace años que salí de ella, aunque continúo ligado, intentando terminar otros estudios que hace tiempo comence (soy un ferviente entusiasta de estar continuamente formándome… aunque solamente sea como intención, y el estar matriculado en alguna asignatura de una 2ª carrera me ayuda en ocasiones a autoexigirme un plus adicional).

    Lo penoso es que solamente mantengo relación, muy de vez en cuando, con 2 profesores. Los únicos de los que guardo un buen recuerdo. Y casualidad esta que no son profesionales de la docencia, sino profesionales de la industria privada que están en la docencia por convicción e ilusión personal. Cuánto tiene que aprender la universidad de muchas escuelas de negocios…