ASSA ABLOY Opening Solutions EMEIA has confirmed its acquisition of motion-based energy harvesting systems provider, Kinetron.
Established in 1984, Kinetron’s main office is located in Tilburg, Netherlands.
“Complementary growth opportunities”
The acquisition is set to accelerate ASSA ABLOY Opening Solutions EMEIA’s growth and strengthen its position in the global market.
“Kinetron is a strategic technological addition to the ASSA ABLOY Opening Solutions EMEIA division and will reinforce our offering in energy harvesting locking solutions that are energy efficient, maintenance free and environmentally friendly,” said Neil Vann, EVP & Head, ASSA ABLOY Opening Solutions EMEIA.
“It will provide complementary growth opportunities for our digital access solutions business segment, where we drive innovation to deliver profitable sustainable growth.”
“Connects all our ASSA ABLOY hardware”
David Moser, SVP & Head of Digital Access Solutions EMEIA added: “Kinetron brings 35 years of experience in developing and manufacturing motion-based energy harvesting systems that enable self-powered intelligent products and facilitate the growth of electronic and IoT solutions in a sustainable way.
“Their mission of ‘Energy Harvesting Excellence’ comes together nicely with our vision for Digital Access Solutions (DAS) to create an access control ecosystem, that connects all our ASSA ABLOY hardware through one interface in a sustainable way, so we can continue to improve people’s lives even further.”