ASSA ABLOY has signed an agreement to acquire Ameristar, a US perimeter security manufacturer. Ameristar offers industrial and security fencing and gates, complementing the ASSA ABLOY offering in the American market.
Johan Molin, President and CEO of ASSA ABLOY, says: “It is with excitement that I welcome Ameristar to the group. Ameristar is a highly strategic addition to ASSA ABLOY. The company reinforces our market leadership in North America and constitutes an important step in providing a complete range of products for total door opening solutions.”
And Thanasis Molokotos, Executive Vice President of ASSA ABLOY and Head of the Americas Division, says: “Ameristar has built a solid reputation among building owners, architects and installers as the premier provider of security fencing solutions for the US market. Ameristar brings new valuable competencies to the group as well as providing an excellent fit with our broad array of security and safety solutions.”
Ameristar was established in 1982 and has some 650 employees. The head office and factory are in Tulsa, Oklahoma.
