Assa Abloy acquires 3millID Corporation and Third Millennium Systems Ltd to strengthen HID's physical access control solutions
Acquiring Company
ASSA ABLOY
Acquired Company
Third Millennium
Stockholm
Pontypool
DenverManufacturingInformation TechnologySecurityCyber SecurityHomeland SecurityWholesaleSecuritysecurity & investigationsSecurityDescription
Assa Abloy Group, the multinational door and access conglomerate, has announced the acquisition of 3millID Corporation in the U.S. and Third Millennium Systems Ltd in the UK. The acquired companies will be integrated into the Physical Access Control Solutions Business Area of HID, reinforcing its current offering within physical access control and providing complementary growth opportunities.
Quick answer
ASSA ABLOY is acquiring Third Millennium and 3millID, announced January 8, 2025. ASSA ABLOY is based in Stockholm, Stockholm County, Sweden.
- How much did ASSA ABLOY pay for Third Millennium?
- 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 Third Millennium based?
- ASSA ABLOY is based in Stockholm, Stockholm County, Sweden. Third Millennium is based in Pontypool, Torfaen, United Kingdom.
- 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.
Other recent acquisitions in Security and Cyber Security
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- ASSA ABLOY completes acquisition of Roger Sp. z o.o. sp.k. to expand access solutions portfolio (December 17, 2024)
- ASSA ABLOY completes acquisition of Premier Steel Doors and Frames to strengthen position in the US market (December 2, 2024)
- ASSA ABLOY completes acquisition of InVue in the US to expand access solutions business (January 24, 2025)
- Tenable completes acquisition of Vulcan Cyber, enhances Exposure Management platform capabilities (February 7, 2025)
- Allegion plc acquires Next Door Company to enhance its specialty door solutions portfolio (February 4, 2025)
- Tenable to acquire Vulcan Cyber Ltd. to enhance Exposure Management platform (January 29, 2025)
Who to call at ASSA ABLOY, and when
When ASSA ABLOY changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day ASSA ABLOY raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Frequently asked
Who acquired Third Millennium?
Third Millennium was acquired by ASSA ABLOY, based in Stockholm. The deal was reported on January 8, 2025. 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 Third Millennium?
ASSA ABLOY's acquisition of Third Millennium was reported on January 8, 2025. Assa Abloy Group, the multinational door and access conglomerate, has announced the acquisition of 3millID Corporation in the U.S. and Third Millennium Systems Ltd in the UK. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Third Millennium do?
Third Millennium has become a multi award-winning manufacturer of advanced access control readers, and specialises in the introduction of new technologies to the access control market. It is privately held, operating in Security, and is based in Pontypool.
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