ASSA ABLOY Acquires TeleAlarm Group | Global Market News
(RTTNews) – ASSA ABLOY has acquired TeleAlarm Group, a European supplier of distant care technology that mixes {hardware} and software program options, enabling impartial dwelling throughout the social care and home care phase, primarily based in Germany. TeleAlarm will likely be half of Global Solutions business space Senior Care. ASSA ABLOY stated the acquisition will likely be accretive to EPS from the beginning. TeleAlarm has some 70 workers. The major workplace relies in Leipzig, Germany.
“I am very pleased to welcome TeleAlarm into ASSA ABLOY, an exciting technological addition that will reinforce our current offering within the Senior Care business area, and provide complementary growth opportunities,” stated Nico Delvaux, President and CEO of ASSA ABLOY.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
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