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28th February 2020
Competition & State Aid

Conditional Approval for Assa Abloy’s acquisition of Agta Record

The Commission has given approval under the EU Merger Regulation for Swedish company Assa Abloy, an important supplier of Access Control Systems, and one of two main Original Equipment Manufacturers of automatic pedestrian doors in the EEA, to acquire Swiss company Agta Record, the other main OEM in the EEA.

The Commission’s concerns that the proposed acquisition would harm competition and lead to increased prices for intermediary and final customers, in the supply of automatic pedestrian doors and high speed doors, have been addressed by Assa Abloy. Assa Abloy has committed to divestment to a competing OEM of Agta Record’s automatic pedestrian business and door business in certain Member States, and the divestment of its high spe

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