ASSA ABLOY acquires IAI industrial systems B.V.


ASSA ABLOY has entered into a definitive agreement with DOCDATA N.V. to acquire
IAI industrial systems B.V. and its subsidiaries (“IAI”), a leading Dutch
company specializing in security printing solutions for government ID, bank
notes and other security solutions.

"IAI is an important technological addition to the ASSA ABLOY Group. The company
complements our current offering within secure identity solutions. The
acquisition of IAI considerably enhances the Group´s position within government
ID and will provide complementary growth opportunities,” says Johan Molin,
President and CEO of ASSA ABLOY.

"The addition of the IAI portfolio to HID’s expertise in the field of secure
identity documents sets HID apart in the industry as the only company offering a
full range of both identity card and passport personalization solutions coupled
with the production of high-quality, high-security documents.”, says Stefan
Widing, Executive Vice President ASSA ABLOY and Head of business unit HID
Global.

IAI was established in 1990 and has some 85 employees. The company is
headquartered in Veldhoven, Netherlands, where it will maintain its operations.

Sales for 2016 are expected to reach EUR 20 million (approx. SEK 185 million).
The acquisition will be slightly accretive to EPS from start.

The transaction is subject to customary conditions for a transaction of this
kind and is expected to close during Q4 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, entrance automation and hotel
security.

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