Flexible Electronics News

ASSA ABLOY Acquires Metal Products Inc. in the US

MPI was founded in 1980 and has approximately 170 employees, with sales in 2024 of about $22 million.

ASSA ABLOY has acquired Metal Products Inc., a US manufacturer of custom made hollow metal doors and frames.

MPI was founded in 1980 and has approximately 170 employees. The main office and factory are located in Corbin, KY, USA. Sales for 2024 amounted to about $22 million (approximately MSEK 230) with a good EBIT margin.

“I am very pleased to welcome MPI to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” says Nico Delvaux, president and CEO of ASSA ABLOY.

“MPI has built a strong reputation in our industry for trusted, consistent delivery and exceptional customer focus,” says Lucas Boselli, EVP of ASSA ABLOY and head of the Americas Division. “Their best-in-class lead times for custom metal doors and frames, combined with their strategic footprint in the US, make them a valuable addition to our division. This acquisition enhances our product offering and strengthens our ability to serve customers with speed, reliability, and regional expertise.”

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