Founded in 1996, the New York-based manufacturer reported 2025 sales of approximately 17 million USD. The acquisition is expected to be accretive to earnings per share immediately, aligning with the group's broader strategy to expand its footprint in mature markets through targeted product additions.
Nico Delvaux, President and CEO of ASSA ABLOY, highlighted the acquisition as a step toward strengthening the company’s core business. Lucas Boselli, head of the Americas Division, noted that the integration will focus on preserving the brand's artisan heritage while scaling its reach among architects and designers. Classic Brass will operate under the group's residential business segment, continuing its focus on specialized, design-driven hardware.
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