Transaction strengthens ASSA ABLOY’s entrance control portfolio as Gunnebo focuses on secure storage business
Gunnebo Group has signed an agreement to divest its Gunnebo Entrance Control business unit to ASSA ABLOY, further expanding the global access solutions provider’s presence in the entrance control market.
The transaction marks a strategic repositioning for both companies. Following completion of the deal, Gunnebo Group will concentrate exclusively on its Safe Storage business, while ASSA ABLOY will add Gunnebo’s entrance control technologies to its growing portfolio of access and security solutions.
Gunnebo Entrance Control develops and supplies products including speed gates, turnstiles, security doors and entrance management systems used in commercial buildings, transportation hubs, critical infrastructure and other high-security environments.
According to Stefan Syren, President and CEO of Gunnebo Group, the divestment represents the next phase in the company’s strategic transformation.
“I am excited about the journey ahead for Entrance Control as part of ASSA ABLOY. Over the past decade, we have transformed Gunnebo from an industrial conglomerate into a focused technology company.”
Syren added that the company will sharpen its focus on the SecureTech and Safe Storage markets, while continuing to invest in innovation, digitalisation and service-based business models.
Howard Lang, President of Gunnebo Entrance Control, described the agreement as a significant opportunity for customers, employees and partners.
“Bringing together these two organisations with complementary strengths will accelerate innovation, further improve our customer offering, drive future growth and reinforce our position as a leading provider of entrance control solutions.”
For ASSA ABLOY, the acquisition further strengthens its position in the rapidly evolving market for physical access management, where entrance control systems are increasingly integrated with digital identity management, access control platforms and intelligent building technologies.
The transaction remains subject to customary regulatory approvals and is expected to close during the fourth quarter of 2026. Financial terms of the agreement were not disclosed.
