ASSA ABLOY acquires MSL in Switzerland

ASSA ABLOY has signed an agreement to acquire MSL Schloss und Beschlägefabrik
AG, a leading Swiss supplier of innovative locks.

"I am very pleased to welcome MSL into the ASSA ABLOY Group. This acquisition
delivers on our strategy to strengthen our position in the mature markets
through adding complementary market segments and products", said Johan Molin,
President and CEO of ASSA ABLOY.

"MSL stands for innovative lock technology", said Tzachi Wiesenfeld, Executive
Vice President of ASSA ABLOY and head of the EMEA division. “It has continually
shown its success thanks to its high product quality and competent and dedicated
employees. MSL will fill in a gap in our product portfolio in the important
Swiss market, making ASSA ABLOY more relevant to our Swiss distributors.”

MSL was founded in 1892 and has 106 employees. Its head office and factory is
located in Kleinlützel near Basel, Switzerland. Sales for 2015 are expected to
reach CHF 20 M (approx. SEK 180 M) in the financial year ending 30 June 2015.

The acquisition will be accretive to EPS from start.

The transaction is expected to close during Q2 2015.

For more information, please contact:
Johan Molin, President and CEO, tel no: +46 8 506 485 42
Carolina Dybeck Happe, CFO and Executive Vice President, tel no: +46 8 506 485
72

About ASSA ABLOY
ASSA ABLOY is the global leader in door opening solutions, dedicated to
satisfying end-user needs for security, safety and convenience. Since its
formation in 1994, ASSA ABLOY has grown from a regional company into an
international group with about 44,000 employees, operations in more than 70
countries and sales close to SEK 57 billion. In the fast-growing
electromechanical security segment, the Group has a leading position in areas
such as access control, identification technology, door automation and hotel
security.