ASSA ABLOY completes acquisition of Nomadix and Global Reach to strengthen its hospitality business
Acquiring Company
ASSA ABLOY
Acquired Company
Nomadix
Description
ASSA ABLOY, the global leader in access solutions, has signed an agreement to acquire Nomadix and Global Reach, leading US and UK based providers of Wi-Fi access and engagement platform solutions for the hospitality and commercial real estate industry. This acquisition will reinforce ASSA ABLOY's current offering within the hospitality business and provide complementary growth opportunities. Nomadix and Global Reach will be integrated into ASSA ABLOY's Global Solutions business area, specifically focusing on Hospitality.
Quick answer
ASSA ABLOY is acquiring Nomadix and Global Reach, announced March 27, 2024. ASSA ABLOY is based in Stockholm, Stockholm County, Sweden.
- How much did ASSA ABLOY pay for Nomadix?
- The deal value was not disclosed.
- What does ASSA ABLOY do?
- ASSA ABLOY is the global leader in access solutions.
- Where are ASSA ABLOY and Nomadix based?
- ASSA ABLOY is based in Stockholm, Stockholm County, Sweden. Nomadix is based in Los Angeles, California, United States.
- Who are the decision-makers at ASSA ABLOY?
- Fundz holds 2 contacts at ASSA ABLOY. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Nomadix?
Nomadix was acquired by ASSA ABLOY, based in Stockholm. The deal was reported on March 27, 2024. ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. ASSA ABLOY is privately held and operates in Manufacturing.
When did ASSA ABLOY acquire Nomadix?
ASSA ABLOY's acquisition of Nomadix was reported on March 27, 2024. ASSA ABLOY, the global leader in access solutions, has signed an agreement to acquire Nomadix and Global Reach, leading US and UK based providers of Wi-Fi access and engagement platform solutions for the hospitality and commercial real estate industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Nomadix do?
Nomadix was created to simplify adventure. When planning a trip, gear lists get expensive and hauling everything isn’t realistic—especially when it comes to towels for different activities. It is privately held, operating in Manufacturing, and is based in Los Angeles.
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