Assa Abloy (STO: ASSA-B) Acquires Canada's Sentinel Dock & Door for Undisclosed Terms

Assa Abloy (STO: ASSA-B), the Swedish security and entrance automation group, announced on June 2, 2026, it has acquired Canada's Sentinel Dock & Door. The financial terms of the deal were not disclosed. Sentinel Dock & Door specializes in industrial doors, dock levelers, and related safety and maintenance services. Assa Abloy said the acquisition will strengthen its entrance automation business in North America by adding technical service capabilities and an expanded customer base. The transaction, which closed simultaneously with the announcement, is part of Assa Abloy's strategy to grow through bolt-on acquisitions in key markets. No further financial details were provided.