ASSA ABLOY has signed an agreement to acquire LUX-IDent, a leading provider of radio frequency identification (RFID) components based in the Czech Republic.
“LUX-IDent is a strategic technological addition to the ASSA ABLOY Group. The company reinforces our current offering within RFID components. The acquisition of LUX-IDent considerably enhances the Group´s position within smart components and will provide complementary growth opportunities,” says Nico Delvaux, President and CEO of ASSA ABLOY.
“Our proven leadership in RFID technology positions HID as a premier source of components