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ASSA ABLOY Agrees to Acquire Brazilian Aluminum Specialist Rometal
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ASSA ABLOY has signed an agreement to acquire Rometal, a Brazilian manufacturer of aluminum solutions and accessories, the company announced on November 12, 2026. Rometal’s 2025 sales were approximately 332 million Brazilian reais, equivalent to about 580 million Swedish kronor in the announcement, establishing the scale of the business ASSA ABLOY plans to add.
The purchase price was not disclosed. ASSA ABLOY described Rometal’s 2025 EBIT margin as strong and expects the acquisition to be accretive to earnings per share from the start.
Product and Channel Rationale
Rometal’s products include interior door systems, cabinet doors, frames and pullers, giving the acquisition a portfolio that spans room access and furniture fittings. President and CEO Nico Delvaux said the transaction supports ASSA ABLOY’s strategy of strengthening its position in emerging markets by adding complementary products and solutions to its core business.
Lucas Boselli, executive vice president and head of the Americas Division, addressed the distribution rationale: “With this acquisition, we will strengthen our product offering and expand our reach into complementary channels, creating an exciting platform for continued growth.” Rometal will become part of the Latin American Business Segment within that division, placing the acquired operation inside ASSA ABLOY’s existing regional structure.
Manufacturing Footprint and Closing Requirements
Founded in 1983, Rometal has approximately 500 employees, with its main office and factory in Veranópolis, Brazil. The workforce and factory mean the agreement covers an operating manufacturing business with an established local base.
Rometal’s company profile describes a 40,000-square-meter industrial park and specialization in sliding systems and aluminum components. It identifies separate Systems and Aluminum units in Veranópolis, reflecting the two principal sides of that manufacturing activity. The company obtained ISO 9001 certification in 2012 and expanded its manufacturing facilities with a new 22,000-square-meter area in 2016, increasing production capacity and supporting greater delivery speed and effectiveness. The expanded park includes a showroom, an experimental woodworking facility and training space. Its product groups span furniture and interior-space solutions, aluminum products and accessories.
The transaction remains subject to regulatory approval and customary closing conditions. ASSA ABLOY expects completion during the fourth quarter of 2026. The agreement does not itself complete the acquisition, and Rometal’s move into the Americas Division remains prospective.
The deal would give ASSA ABLOY an established Brazilian manufacturer with a portfolio extending from door systems to furniture and interior fittings. Its commercial rationale rests on combining that production base with complementary products and channels in an emerging market. The central question after closing is whether the combined organization can deliver the broader customer reach and earnings-per-share accretion from the start that management described.
