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Assa Abloy Buys US Cabinet, Door Hardware Maker Classic Brass

MT Newswires·07/24/2026 02:16:25
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02:16 AM EDT, 07/24/2026 (MT Newswires) -- Assa Abloy (ASSA-B.ST) said Friday it purchased US manufacturer of premium cabinet and door hardware Classic Brass. The Swedish access systems company intends to integrate Classic Brass into the residential business segment of its Americas division, and expects the transaction to be accretive to its EPS upon completion.