---
title: "Assa Abloy acquires Latin American company - Ventas de Seguridad"
description: "Assa Abloy announced the acquisition of Olimpia Hardware, a brand of glass hardware and accessories in Latin America and the Caribbean."
url: "https://www.ventasdeseguridad.com/en/news/latest-news/431-enterprises/20171-assa-abloy-acquires-latin-american-company.html"
date: "2026-07-23T17:20:26+00:00"
language: "en-GB"
---

#  [ Assa Abloy acquires Latin American company](https://www.ventasdeseguridad.com/en/news/latest-news/431-enterprises/20171-assa-abloy-acquires-latin-american-company.html "Assa Abloy acquires Latin American company")

      Details     27 October 2020          *![Assa Abloy](https://www.ventasdeseguridad.com/images/stories/VDS/users/dchaverra2020/AssaAbloyadquiereempresalatinoamericana.jpg)Latin America.* Assa Abloy announced the acquisition of Olimpia Hardware, a brand of glass hardware and accessories in Latin America and the Caribbean.

"I am very pleased to welcome Olimpia to the Assa Abloy Group. This is an important next step in our strategy to increase leadership in emerging markets," said Nico Delvaux, President and CEO of Assa Abloy.

"The addition of Olimpia complements our business in Latin America, further supporting the growing trend of openings using glass and aluminum products," says Lucas Boselli, executive vice president of Assa Abloy and head of the Americas Division.

Olimpia was established in 1999 and serves Latin America and the Caribbean. Assa Abloy will continue to sell Olimpia-branded products throughout the region.

- Publicidad -

Sales for 2019 amounted to around 13 MUSD (approximately 125 MSEK) with a good EBIT margin. The acquisition will benefit EPS from the outset.

![Duván Chaverra Agudelo](https://www.ventasdeseguridad.com/images/stories/VDS/Editorialonline.jpg)

Duván Chaverra AgudeloEmail: dchaverra@latinpressinc.com

Editor Jefe

Jefe Editorial en Latin Press, Inc,. Comunicador Social y Periodista con experiencia de más de 13 años en medios de comunicación. Apasionado por la tecnología.

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