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Assa Abloy hopes to acquire more companies this quarter -CEO

2014-11-19 08:24:32| Appliances - Topix.net

Assa Abloy , the world's biggest lock maker, said on Tuesday that it hopes to buy "a few" more companies this quarter, on top of the 12 acquisitions it has already announced this year. The Swedish group, which makes locks under brands such as Yale and Pan Pan, also intends to buy an additional 10 to 15 companies next year, according to its chief executive, Johan Molin.

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