ASSA ABLOY has acquired 20% of Copiax, a leading Swedish locks and security distributor


ASSA ABLOY has acquired 20% of the shares in Copiax AB from Verdane
Capital, a financial investor. With this acquisition ASSA ABLOY now
owns close to 31% of the capital.

Copiax is a Swedish wholesaler of security product focusing on
locksmith, security installers and builders merchants. The company
operates with some 45 employees from the head office in Stockholm and
is expected to reach a turnover exceeding SEK 400 M in 2008.

ASSA ABLOY is in a constructive dialog with the board of directors in
Copiax AB regarding a bid on the remaining shares. An acquisition of
Copiax has a strong industrial rationale by bringing efficiencies and
value-added services to the supply chain between ASSA ABLOY and other
producers and the end customer.





For more information, please contact:
Johan Molin, President and CEO, tel no: +46 8 506 485 42
Tomas Eliasson, CFO and Executive Vice President, tel no: +46 8 506
485 72








ASSA ABLOY may be required to disclose the information provided
herein pursuant to the Securities Markets Act. The information was
submitted for publication at 08.30 CET on 15 February.

Attachments

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