ASSA ABLOY has signed an agreement to acquire VAULT, a technology company that has been operating for more than two decades developing ‘state-of-the-art’ physical barriers, access control and high security integrated systems in the Brazilian market. This acquisition further increases the Group’s footprint and security offering in Brazil.
If physical barriers, access control and high security sound familiar to you, you’re right! VAULT is a little bit like Ameristar in that they bring security to the perimeter of the property offering bollards, guard booths and arm barriers. It is also a little bit like the division’s specialty door offering as it incorporates armor qualities in its guard booth offering. VAULT also is similar to Securiton in that is offers access control components, including readers similar to HID, that integrate with other building systems and components including intruder alarms, fire alarms and camera monitoring.
Division President Thanasis Molokotos believes the acquisition is a very significant one as it not only expands our portfolio but also allows us to gain expertise and knowledge in access control and perimeter security products and markets in Brazil.
VAULT’s reputation with its security integrator customers gives ASSA ABLOY Brasil a new channel for our safety and security solutions. “VAULT’s acquisition improves our position in the non-residential market with important market presence with security integrators and large professional end-users,” notes Lucas Boselli, ASS ABLOY Central and South America President.
“VAULT’s mission is to create safe environments so it is a natural fit to be part of the ASSA ABLOY Group,” says Gustavo Rizzo, VAULT CEO. “All of us are really excited to be part of the Group and to capitalize on our synergies with ASSA ABLOY Americas.”