Assa Abloy Net Worth (Updated 2025).
Assa Abloy, a name now synonymous with innovative door opening solutions, began its journey in the late 19th century. The company was founded in 1919 by August Söderberg, a Swedish engineer who saw the potential in the then-nascent field of automatic door locks. Starting with a single patent for a new type of lock, Söderberg laid the foundation for what would become a global leader in the industry.
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Assa Abloy’s Current Net Worth (2025)
As of 2025, Assa Abloy’s current net worth is estimated to be around $11.5 billion. This Swedish lock manufacturer has seen steady growth over the years, with its diverse portfolio of products and services contributing to its substantial value.
Career
Founded in 1994 through a merger of Assa and Abloy, Assa Abloy has since grown into a global leader in the lock industry. With a presence in over 70 countries and over 48,000 employees, the company specializes in the production of locks, access control systems, and security solutions. Its extensive portfolio includes well-known brands like Yale, Assa, and Mul-T-Lock.
Other Ventures
In addition to its core lock and security business, Assa Abloy has diversified into other ventures. The company’s Access & Security segment includes solutions for access control, identification, and security. Its Door Hardware & Access Solutions segment focuses on door opening solutions for commercial and residential markets. Assa Abloy has also made strategic investments in technology companies, reflecting its commitment to innovation and digital transformation in the security industry.
Assets
As of 2025, Assa Abloy’s total assets are estimated to be around $17.3 billion. This includes property, plant, and equipment valued at approximately $4.5 billion, as well as investments in subsidiaries and associates totaling around $3.2 billion. The company’s extensive global network of manufacturing facilities, research and development centers, and sales offices also contributes significantly to its asset value.
Annual Income
In 2024, Assa Abloy reported a net sales figure of approximately $8.7 billion, marking a 7% increase from the previous year. The company’s operating profit for the same year was around $1.7 billion, reflecting its strong financial performance. Assa Abloy’s consistent revenue growth and profitability can be attributed to its diverse product portfolio, strong brand presence, and global market reach.
Frequently Asked Questions about Assa Abloy
**Frequently Asked Questions: Assa Abloy Net Worth**
1. What is Assa Abloy’s net worth?
Assa Abloy’s net worth is estimated to be around $12 billion.
2. Who is the CEO of Assa Abloy?
The current CEO of Assa Abloy is Nico Delvaux.
3. What does Assa Abloy do?
Assa Abloy is a global leader in door opening solutions, providing a wide range of products and services, including locks, access control systems, and security doors.
4. When was Assa Abloy founded?
Assa Abloy was founded in 1994 through the merger of the Swedish company Assa and the Finnish company Abloy.
5. Where is Assa Abloy headquartered?
Assa Abloy’s headquarters is located in Stockholm, Sweden.
6. How many employees does Assa Abloy have?
As of 2021, Assa Abloy employs approximately 47,000 people worldwide.
7. What are some of Assa Abloy’s most popular brands?
Some of Assa Abloy’s most popular brands include Assa, Abloy, Yale, and HID Global.
8. In which countries does Assa Abloy operate?
Assa Abloy operates in over 70 countries worldwide.
9. What is Assa Abloy’s stock ticker symbol?
Assa Abloy’s stock ticker symbol is ASSA B on the Nasdaq Stockholm.
10. How does Assa Abloy contribute to sustainability?
Assa Abloy is committed to sustainability and has set targets to reduce its environmental impact. The company aims to achieve net-zero carbon emissions by 2030 and has implemented various initiatives to promote circularity and responsible sourcing.
