03:40 AM EST, 11/12/2026 (MT Newswires) -- Assa Abloy (ASSA-B.ST) agreed to buy Brazil-based aluminum solutions manufacturer Rometal, according to a Thursday release. The Swedish access systems company will integrate Rometal into its Latin American business segment. The targeted business' product line includes interior door systems, cabinet doors, frames, and pullers. Completion of the acquisition is expected in the fourth quarter of 2026, subject to customary closing conditions, including regulatory approval. The transaction is expected to be EPS accretive upon closing.

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