ASSA ABLOY has acquired Pacific Lock Company, a U.S. manufacturer of padlocks and security hardware.

PACLOCK, founded in 1998, employs approximately 40 people and operates its main office and manufacturing facility in Valencia, California. The company will become part of ASSA ABLOY’s Residential Business Segment within its Americas Division.

“I am very pleased to welcome PACLOCK to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” said Nico Delvaux, president and CEO of ASSA ABLOY.

PACLOCK specializes in security products and customized security solutions and maintains U.S.-based manufacturing operations.

“PACLOCK is recognized for delivering high-quality security products that combine reliability, durability and innovation, backed by US-based manufacturing and exceptional customer service,” said Lucas Boselli, executive vice president and head of the Americas Division. “Their expertise in designing and delivering customized security solutions has made them a trusted partner for customers whose needs extend beyond standard product offerings.

“We’re excited to welcome PACLOCK to ASSA ABLOY and expand our ability to provide customers with high-quality, tailored security solutions that meet their evolving needs,” Boselli added.

PACLOCK reported sales of approximately $17 million in 2025, equivalent to about SEK 155 million. ASSA ABLOY said the company has a strong EBIT margin and that the acquisition will be accretive to earnings per share from the start.