SKIDATA to be Acquired by ASSA ABLOY Group

Today, ASSA ABLOY announced the pending acquisition of SKIDATA, a move designed to enhance both entities' market positions and product portfolios. The sale of SKIDATA attracted significant interest from a diverse range of companies, highlighting its strategic value and potential. ASSA ABLOY, recognized for its strong international presence and effective growth strategy, was the best partner for SKIDATA’s future development.

The acquisition will strengthen the strategic fit between the companies' platforms and brands. SKIDATA will operate as a separate business area, recognizing its vital role within the broader market strategy. This ensures that SKIDATA will continue to operate under its established brand identity while accessing greater resources and expanding its market reach.

This partnership is anticipated to open new growth opportunities across Europe, North America, and other global markets by leveraging the complementary strengths of both companies.

About SKIDATA 

SKIDATA is an international leader in the field of access solutions and their management. Almost 10,000 SKIDATA installations worldwide in ski resorts, stadiums, airports, shopping malls, cities, spa & wellness facilities, trade fairs and amusement parks provide secure and reliable access and entry control for people and vehicles. SKIDATA places great value in providing solutions that are intuitive, easy to use, and secure. The integrated concepts of SKIDATA solutions help clients optimize performance and maximize profits. SKIDATA Group (www.skidata.com) belongs to the publicly traded Swiss Kudelski Group (www.nagra.com), a leading provider of digital security solutions.