24 Dec 2021

ASSA ABLOY has acquired approximately 85.7% of the shares in Małkowski-Martech S.A. from the Małkowski family, through an off-market transaction. The purchase price for the 85.7% of the shares in the Company amounts to approximately MPLN 33.

Małkowski-Martech is a Polish producer of fire-rated curtains and gates, listed on the Warsaw Stock Exchange, NewConnect market. "I am very pleased to welcome Małkowski-Martech into the ASSA ABLOY Group. I welcome this complementary business, specialising in fire-rated curtains and gates,” says Nico Delvaux, President, and CEO of ASSA ABLOY.