ASSA ABLOY has acquired Exidor Ltd from Chamberlin Plc. Exidor is a long established leading manufacturer of panic and emergency exit hardware in the UK.
ASSA ABLOY is an international group with around 47,000 employees and sales close to £6.4 billion. In the UK, ASSA ABLOY is best known for the Yale and UNION brands and has its Head Office and main manufacturing centre in Willenhall.
Given the strong commercial synergies between Exidor and ASSA ABLOY Opening Solutions UK, in particular with the Door Hardware Group in the UK, the acquisition will create opportunities for both businesses to offer a broader and more innovative product range.
Exidor will continue to operate as an autonomous business as part of the Door Hardware Group, retaining the existing strong management and commercial teams who have been responsible for developing its excellent reputation in the market. Existing customer contact points remain unchanged.
“Exidor are an exciting addition to our UK business and I am delighted to welcome their team into ASSA ABLOY” says Harry Warrender, Market Region Manager of ASSA ABLOY Opening Solutions UK & Ireland.
Exidor was established in 1931 and has its headquarters in Cannock, West Midlands. The business employs approximately 70 employees and 2018 sales reached around £8 million.