Assa Abloy Acquires US-Based Classic Brass
ASSA ABLOY has acquired Classic Brass Inc., a U.S. manufacturer of premium cabinet and door hardware, to strengthen its position in mature markets.
Swedish lock manufacturer ASSA ABLOY announced the acquisition of Classic Brass Inc., a U.S.-based producer of premium cabinet and door hardware. The move is intended to bolster ASSA ABLOY's market presence with complementary products.
Founded in 1996 and located in Jamestown, New York, Classic Brass employs approximately 80 people. The company specializes in handcrafted, design-driven hardware, offering customized solutions to architects, designers, and homeowners. Its products are recognized for combining craftsmanship with personalization.
The acquisition aligns with ASSA ABLOY's strategy to enhance its portfolio in established markets. Classic Brass will become part of ASSA ABLOY's Americas division, specifically within its Residential Business Segment. The acquired company reported sales of approximately $17 million USD for 2025, with strong EBIT margins.
ASSA ABLOY is a global leader in access solutions, employing around 64,000 people worldwide. The company reported SEK 152 billion in sales in 2025 and holds leading positions in areas such as door opening solutions, trusted identities, and entrance automation.