by Rebecca Walker — May 13, 2011—ASSA ABLOY announced it has acquired Portafeu, a French market leader in customized fire doors. Portafeu offers fire-rated flame-retardant, firebreak and blast-resistant doors for commercial and residential customers as well as for special closures.
“I am very satisfied to welcome Portafeu as a new member of the Assa Abloy Group. This move strengthens our footprint in mature markets and constitutes an important part of our strategy to add complementary products and segments to our offerings,” says Johan Molin, President and CEO of ASSA ABLOY.
ASSA ABLOY, founded in 1994 and now represented worldwide, is a global leader in door opening solutions. For more information, see the Web site.
