ASSA ABLOY has signed an agreement to acquire KEYper Systems, a supplier of electronic and mechanical key management systems in the US, with a strong presence in the automotive segment. KEYper was established in 1993, and operates from its HQ in Harrisburg, NC.
KEYper Systems will become a separate business unit of Traka, which is a pioneer in key and asset management, and an operating unit of ASSA ABLOY Global Solutions. Ric Stone, President of KEYper will report to Justin Sasse, Managing Director of Traka.