Calmell Joins ASSA ABLOY Family
Deal News | Jul 10, 2025 | PR Newswire Cision ASSA ABLOY
ASSA ABLOY, the global leader in access solutions, has announced its acquisition of Calmell, a Spanish company specializing in smart cards, smart paper tickets, and magnetic tickets. This acquisition is part of ASSA ABLOY's strategy to enhance its offerings in the area of smart cards and to grow its public transportation ecosystem. Calmell will be integrated into HID's business area of Identification Technologies. Founded in 1920 and headquartered in Barcelona, Calmell brings around 100 employees to the ASSA ABLOY group. The company reported sales of approximately 29 million euros in 2024 with a robust EBIT margin. The deal is expected to be accretive to ASSA ABLOY's earnings per share from the outset. Nico Delvaux, President and CEO of ASSA ABLOY, expressed enthusiasm about this strategic addition, emphasizing the potential for complementary growth and innovation. Björn Lidefelt, EVP and Head of HID, highlighted Calmell's role in advancing the public transportation sector, aligning with ASSA ABLOY's mission to facilitate seamless travel worldwide.
Sectors
- Access Solutions
- Public Transportation
- Smart Card Technology
Geography
- Spain – Calmell is headquartered in Barcelona, Spain, making this acquisition relevant to the Spanish market and highlighting potential regional growth.
- Sweden – ASSA ABLOY is headquartered in Sweden, indicating that this strategic expansion impacts the Swedish company's global operations.
Industry
- Access Solutions – The acquisition enhances ASSA ABLOY's global leadership in providing secure access solutions, integrating Calmell's smart card technologies.
- Public Transportation – Calmell's contributions to the public transportation ecosystem are significant, as it specializes in smart cards and tickets that enable seamless travel.
- Smart Card Technology – Assa Abloy's acquisition of Calmell, a smart card producer, strengthens its position in this industry by adding technological capabilities.
Financials
- 29 million euros – Calmell's sales revenue for 2024
- 330 million SEK – Approximate sales revenue of Calmell in Swedish Krona for 2024
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ASSA ABLOY | Acquiring Company | Company | A global leader in access solutions, headquartered in Sweden, focused on secure and efficient door openings and identities. |
| Calmell | Target Company | Company | A Spanish manufacturer of smart cards and tickets, with a strong presence in the public transport sector. |
| Nico Delvaux | President and CEO of ASSA ABLOY | Person | Leader of ASSA ABLOY, overseeing strategic growth and innovation. |
| Björn Lidefelt | EVP and Head of HID | Person | Executive Vice President at ASSA ABLOY, responsible for HID's business area. |