Assa Abloy acquires US premium cabinet and door hardware maker Classic Brass

• Assa Abloy acquired Classic Brass, a US maker of premium cabinet and door hardware, to expand its residential hardware offering.
• Classic Brass, founded in 1996, employs about 80 people with its main office and factory in Jamestown, New York.
• 2025 sales were about USD 17 million, or roughly SEK 155 million, with a good EBIT margin.
• The deal is expected to be accretive to earnings per share from the start.
• Classic Brass will join the Residential Business Segment within Assa Abloy’s Americas division.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Assa Abloy AB published the original content used to generate this news brief via Cision (Ref. ID: 202607240200BITN____UKPR__EN_20260723-BIT-1499-0) on July 24, 2026, and is solely responsible for the information contained therein.