INSIGHTS
Assa Abloy has acquired Traka Plc in the UK. Traka is a leader in the fast growing segment of intelligent key cabinets and asset management solutions. The sales are evenly split between the UK and export markets. The company has a strong track record of innovation and growth.
Traka was established in 1995 and is based in Olney near Milton Keynes, UK. The company employs 92 people.
Sales are ex...
Assa Abloy Aquires Traka Plc in UK
Date: 2012/04/11
Source: Assa Abloy
Assa Abloy has acquired Traka Plc in the UK. Traka is a leader in the fast growing segment of intelligent key cabinets and asset management solutions. The sales are evenly split between the UK and export markets. The company has a strong track record of innovation and growth.
Traka was established in 1995 and is based in Olney near Milton Keynes, UK. The company employs 92 people.
Sales are expected to reach GBP 13 M (approx SEK 140 M) in 2012. The acquisition is EPS accretive from start.
The deal was closed simultaneously with signing on April 6, 2012.