ASSA ABLOY opens a new door in Brazil with Rometal acquisition

ASSA ABLOY has agreed to acquire Brazilian aluminium solutions manufacturer Rometal, strengthening its manufacturing presence in Latin America while expanding its portfolio of door systems, furniture fittings and aluminium products. Announced on November 12, 2026, the proposed acquisition would bring an established Brazilian business with approximately 500 employees into the Swedish group's Americas Division.

Rometal recorded sales of approximately BRL 332 million (USD 59 million) in 2025, equivalent to approximately SEK 580 million (USD 57.57 million) in ASSA ABLOY's announcement. The purchase price has not been disclosed. ASSA ABLOY described the company's EBIT margin in 2025 as strong and expects the transaction to be accretive to earnings per share from the start.

Rometal acquisition expands product portfolio and distribution reach

Founded in 1983, Rometal manufactures interior door systems, cabinet doors, frames and pullers, alongside aluminium solutions and accessories. Its product range gives ASSA ABLOY access to complementary markets spanning room access, furniture fittings and interior-space solutions.

ASSA ABLOY President and CEO Nico Delvaux said the acquisition supports the group's strategy of strengthening its position in emerging markets through complementary products and solutions.

Lucas Boselli, Executive Vice President and Head of the Americas Division at ASSA ABLOY, said, "With this acquisition, we will strengthen our product offering and expand our reach into complementary channels, creating an exciting platform for continued growth.”

Following completion, Rometal will become part of the Latin American Business Segment within ASSA ABLOY's Americas Division. The integration is expected to combine the Brazilian manufacturer's existing product range and customer base with the group's regional business network.

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Brazilian manufacturing base adds to aluminium capabilities

Rometal is headquartered in Veranópolis, Brazil, where its main office and factory are located. The company's profile describes a 40,000-square-metre industrial park and identifies separate systems and aluminium business units, reflecting its activities in sliding systems and aluminium components.

The manufacturer expanded its facilities in 2016 with a new 22,000-square-metre area, aimed at increasing production capacity and improving delivery speed and operational effectiveness. Its industrial park also includes a showroom, an experimental woodworking facility and training space.

Rometal's product groups cover furniture and interior-space solutions, aluminium products and accessories. The company obtained ISO 9001 certification in 2012, adding to its established manufacturing credentials in the Brazilian market.

The acquisition would therefore give ASSA ABLOY more than an additional product range. It would add an established local manufacturing operation and a platform for expanding its presence across complementary distribution channels in Latin America.

Acquisition expected to close in the fourth quarter of 2026

The transaction remains subject to regulatory approval and customary closing conditions. ASSA ABLOY expects the acquisition to be completed during the fourth quarter of 2026.

Until the necessary approvals are secured and the deal closes, Rometal remains a separate business. The expected earnings-per-share contribution and broader commercial benefits will depend on the integration of its operations into ASSA ABLOY's regional structure.

The proposed acquisition reflects ASSA ABLOY's effort to strengthen its position in Brazil through local manufacturing capabilities, a wider aluminium and interior-products portfolio, and access to complementary sales channels. Whether those additions translate into the expected earnings and growth benefits will become clearer after the transaction is completed.

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