Assa Abloy is set to acquire French provider of security supervision software and associated access control hardware Alcea. The acquisition is subject to regulatory approval and customary closing conditions and is expected to close during the third quarter of 2022.

“I am very pleased to welcome Alcea into the Assa Abloy Group,” said Nico Delvaux, President and CEO of Assa Abloy. “This company will reinforce our offering within critical infrastructure and will provide complementary growth opportunities.”

“Alcea offers high-quality and innovative digital solutions under a strong and well-known brand, and the acquisition will further advance our position as a full solutions provider,” added Stephanie Ordan, Executive Vice President and Head of Global Technologies business unit Global Solutions. “I welcome Alcea’s experienced team and I am convinced that we together will continue our successful journey.”

Alcea was established in 1995 and has some 120 employees. The main office is located in Villebon-sur-Yvette, France.

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