Information Technology
ASSA ABLOY acquires IXLA in Italy
"Welcoming IXLA into the HID family demonstrates our commitment to providing convenient and efficient document personalization solutions across a variety of industries," says Björn Lidefelt, EVP and Head of HID. "With IXLA's technology and expertise, we are better positioned for geographic expansion, particularly in the government and financial institution space."
IXLA was founded in 2003 and has some 50 employees. Based in Romano Canavese , Italy , it will be part of HID's Secure Issuance Business Area.
Sales for 2023 amounted to about MEUR 13 (approx. MSEK 150) with a strong EBIT-margin. The acquisition will be accretive to EPS from the start.
Nico Delvaux , President and CEO, tel. no: +46 8 506 485 82
Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72
Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68
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