ASSA ABLOY has acquired Trojan Holdings Limited, a supplier of residential door and window hardware into the door and window fabricator market. Through this acquisition, ASSA ABLOY UK plans to further expand its product offering for its customers.
Leveraging business capabilities
Trojan Holdings Limited, formed in 1993, has sales of circa £20 million a year and employs 65 people in its facilities in the West Midlands. Trojan has an excellent track record in product innovation, with patent protection on a significant percentage of products.
Given the strong commercial synergies between Trojan Holdings Limited and ASSA ABLOY Limited, in particular with the Yale Door and Windows Solutions business unit, the acquisition will create opportunities for both businesses to leverage their respective capabilities enabling them to service and develop their combined customer base more effectively into the future.
Trojan Holdings Limited will continue |
Innovative product development
Trojan Holdings Limited will continue to operate as an autonomous business unit, retaining the existing, strong commercial and operational team that has made the business successful today.
Announcing the acquisition, Neil Vann, Market Regional Manager of ASSA ABLOY UK, said: “I am very pleased to welcome Trojan. Trojan has a strong track record of growth and innovative product development. They offer comprehensive ranges of door and window hardware which complement and extend the ASSA ABLOY offering and their wealth of experience in the residential market will further strengthen our team and businesses in the UK to the benefit of our customers.”
