ASSA ABLOY has acquired Mauer®, a leading supplier of hinges and locks. Mauer® has a production facility in Bulgaria and an assembly hall with a business unit in the Netherlands.
Mauer® Netherlands was founded in 1978, has a revenue of over €5 million and employs 22. The company is located in a 2000m², modern location in Amersfoort. Mauer® Netherlands is specialised in assembly of cylinder platforms and their product range includes mechanical locks, electro-mechanical products and hinges.
Tzachi Wiesenfeld, Executive Vice President of ASSA ABLOY, and head of the EMEA-division announced the acquisition: "I am very pleased to welcome Mauer® to the ASSA ABLOY Group. The expertise and product range of Mauer® is an important addition to our product range and will strengthen our position in the Benelux region."
"Mauer® is an innovative company, in particular concerning cylinders. They have a good reputation and a leading position in the Dutch market of keying and locking specialists. The specialization of Mauer® in retail complements our current business to perfection." says John Ward, Market Region Manager of ASSA ABLOY Benelux.
Mauer® Netherlands continues to operate as a separate business unit, with the current management team that lead the company to success.