ASSA ABLOY Entrance Systems acquires Lighthouse in the US

ASSA ABLOY Entrance Systems acquires Lighthouse in the US

ASSA ABLOY has acquired Lighthouse, a sectional door and docking distributor located in North Carolina, South Carolina and Tennessee.

“Lighthouse is a strategic step for us in the USA, further strengthening our strategy to become the industry leader in entrance automation” says Juan Vargues, Executive Vice President ASSA ABLOY and President ASSA ABLOY Entrance Systems. Lighthouse was established in 1994 and has some 150 employees.

The head office is in Charlotte, North Carolina. Sales for 2016 are expected to reach USD 41 million (approx. SEK 350 million).