ASSA ABLOY has acquired Trojan Holdings Limited, a UK supplier of residential door and window hardware for the door and window fabricator market. Trojan Holdings, formed in 1993, has sales of about £20m a year and employs 65 people in the West Midlands.
Given the commercial synergies between Trojan Holdings Limited and ASSA ABLOY Limited, in particular with the Yale Door and Windows Solutions business unit, the acquisition will create opportunities for both businesses, the firms say, enabling them to service and develop their combined customer base more effectively, it is claimed. Trojan will continue to operate as an autonomous business unit, ASSA ABLOY adds.
Neil Vann, Market Regional Manager of ASSA ABLOY UK, said: “I am very pleased to welcome Trojan. Trojan has a strong track record of growth and innovative product development. They offer comprehensive ranges of door and window hardware which complement and extend the ASSA ABLOY offering and their wealth of experience in the residential market will further strengthen our team and businesses in the UK to the benefit of our customers.”