ASSA ABLOY Opening Solutions Australia announces the acquisition of D&D Technologies, an Australian company dedicated to the design and manufacture of innovative gate hardware solutions. The acquisition bolsters ASSA ABLOY’s portfolio whilst strengthening the company's position in the market as the leader in access solutions.
Founded in the late 1980s, D&D Technologies is a leading manufacturer of quality, state-of-the-art gate latches, locks and hinges. Internationally renowned for their ground-breaking MagnaLatch magnetic child safety gate latch for swimming pool and other child safety gates, the company is a welcome addition to the ASSA ABLOY group.
"This strategic acquisition will broaden ASSA ABLOY’s product portfolio and market verticals, and add strategic growth opportunities in global markets, in which D&D has 30 years of experience. It will improve our competitive advantage, particularly with synergies of ambition in innovation and shared values of safety and security. We welcome D&D Technologies to the ASSA ABLOY family," said Michael Avis, SVP and head of ASSA ABLOY Australia
D&D Technologies’ chief executive officer David Calabria added, “This is a really exciting moment for both companies. From the outset D&D has expanded operations and continues to grow its award-winning product range. Now, with this acquisition, we look forward to continued growth within an organisation that shares our passion for Australian Made and an ambition to deliver innovative solutions that fully satisfy customers’ needs.”
This acquisition offers ASSA ABLOY Opening Solutions a new pathway to expand its market access and further drive a proven growth strategy.
