ASSA ABLOY has agreed to acquire Rometal, a Brazilian manufacturer of aluminum systems and accessories with approximately $59.7 million (BRL 332 million) in 2025 sales. The transaction will expand ASSA ABLOY’s product portfolio and distribution capabilities across Latin America while strengthening its presence in Brazil.
Founded in 1983, Rometal produces interior door systems, cabinet doors, frames, handles, and related aluminum products. The company employs approximately 500 people at its headquarters and manufacturing facility in Veranópolis, Brazil.
Rometal will become part of the Latin American business segment within ASSA ABLOY’s Americas division. The acquisition adds products and customer channels that complement the buyer’s existing access and door solutions.
ASSA ABLOY expects Rometal’s modern designs, manufacturing expertise, and established regional presence to support additional growth in Brazil and other Latin American markets.
Rometal generated approximately $58.8 million (SEK 580 million) in 2025 sales and reported a strong operating margin. ASSA ABLOY expects the transaction to increase earnings per share immediately after completion.
The acquisition supports ASSA ABLOY’s strategy of strengthening its position in emerging markets by purchasing businesses with complementary products, customer relationships, and distribution channels.
ASSA ABLOY employs approximately 64,000 people worldwide and generates annual sales of about $15.4 billion (SEK 152 billion). Its products cover mechanical and electronic access control, entrance automation, identity systems, and door-opening solutions.
The proposed transaction remains subject to regulatory approval and customary closing requirements. The companies expect to complete it during the fourth quarter of 2026.
Integrating Rometal will require ASSA ABLOY to retain employees and customers while connecting the business with its wider commercial and operating infrastructure. Rometal’s existing profitability and established market position may reduce the execution risk typically associated with acquisitions intended to enter an entirely new product category.
KEY QUOTES
“I am very pleased to welcome Rometal to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in emerging markets through adding complementary products and solutions to our core business.”
Nico Delvaux, President and Chief Executive Officer of ASSA ABLOY
“With this acquisition, we will strengthen our product offering and expand our reach into complementary channels, creating an exciting platform for continued growth.”
Lucas Boselli, Executive Vice President and Head of the Americas Division at ASSA ABLOY
USD conversions are approximate, based on November 12, 2026 reference exchange rates of 1 USD = 5.5615 BRL and 9.8613 SEK.
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