Adams Rite designs and manufactures mechanical and electrical security products. The Company has a strong brand and product offering in the aluminum door channels that are complementary to ASSA ABLOY.
 
The Company is headquartered in Pomona, California where it has both its corporate headquarters and main operating facility, which focuses on assembly. In the UK the Company is a distributor of mechanical and electrical security products for commercial aluminum doors.
 
Annual sales amount to approximately USD 50 M with a good EBIT-margin. The acquisition is expected to be EPS neutral during 2006 and positive from 2007. The Company has approximately 300 employees. Restructuring costs in connection with the acquisition are expected to amount to approximately USD 3 M

ASSA Limited has operated in the UK since 1946. During that time, they have evolved into a £10 million company employing over 50 people.

Now part of ASSA ABLOY, the world's leading lock group. It has sales in excess of £1,800 million and employs approximately 30,000 people worldwide.

The product spectrum comprises SMS (Security Managagement Systems), Access Control, Cylinders & Padlocks, Lockcases, Door Furniture, Panic Hardware, Multipoint locking systems , Door Closers, Hinges, Coin & Card Locks & Industrial Locks