Assa Abloy acquires Greensteel Industries Limited

Access controls solutions manufacturer Assa Abloy announced on Wednesday that it has acquired the assets of metal commercial door and frame maker Greensteel Industries Limited.

In a statement, Assa Abloy Executive Vice President Thanasis Molokotos, who heads the company's Americas division, said that Greensteel's products will now be manufactured and marketed under the Baron and Fleming brands.

"Greensteel is a very exciting addition to the Assa Abloy Americas division," he said. "This acquisition will enhance our ability to provide non-residential door opening solutions to our Canadian customers."

Greensteel was founded in 1932 and is headquartered in Winnipeg, Canada.