ASSA ABLOY acquires Classic Brass in the US

ASSA ABLOY, a global leader in access solutions, has announced the acquisition of Classic Brass Inc, a U.S.-based manufacturer renowned for its premium cabinet and door hardware. The deal, finalized on July 24, 2026, involves an undisclosed amount and is expected to enhance ASSA ABLOY's presence in mature markets by integrating Classic Brass's distinctive product offerings into its portfolio.

Founded in 1996 and headquartered in Jamestown, New York, Classic Brass is celebrated for its handcrafted, design-driven hardware that combines traditional craftsmanship with modern customization. The company employs approximately 80 people and reported sales of around $17 million for 2025, showcasing a robust EBIT margin. This acquisition is strategically aligned with ASSA ABLOY's goal to bolster its Residential Business Segment within the Americas Division, allowing it to better serve architects, designers, builders, and homeowners seeking unique and high-quality solutions.

The integration of Classic Brass into ASSA ABLOY's operations is expected to be accretive to earnings per share (EPS) from the outset. This move reflects ASSA ABLOY's commitment to enhancing its product offerings while preserving the artisan heritage and personalized service that Classic Brass is known for. According to Nico Delvaux, President and CEO of ASSA ABLOY, this acquisition is a strategic step to strengthen the company's position in established markets by adding complementary products and solutions to its core business.

The acquisition comes at a time when the demand for premium hardware solutions is on the rise, driven by trends in home design and renovation. As consumers increasingly seek high-quality, aesthetically pleasing products, ASSA ABLOY's acquisition of Classic Brass positions the company to capitalize on this growing market segment. The integration of Classic Brass's unique offerings into ASSA ABLOY's extensive distribution network is expected to enhance market penetration and drive sales growth.

Overall, ASSA ABLOY's acquisition of Classic Brass underscores a broader trend in the hardware and construction sectors, where companies are increasingly looking to differentiate themselves through unique product offerings and superior craftsmanship. As the market continues to evolve, this acquisition may serve as a catalyst for further consolidation and innovation within the industry, positioning ASSA ABLOY as a formidable player in the premium hardware space.