ASSA ABLOY acquires Kentix GmbH, a German company specializing in monitoring and access control products for data centers. The acquisition is expected to boost earnings, with Kentix generating sales of around 8 million euros in 2024. Neil Vann, Executive Vice President of ASSA ABLOY, sees Kentix as a valuable addition to their Digital & Access Solutions segment, enhancing their capabilities in the growing data center market. This move positions ASSA ABLOY well in this critical vertical.

Read more at Nasdaq: ASSA ABLOY Acquires German Access Control Firm Kentix GmbH