Assa Abloy
At the end of the fourth quarter 2009 Wärtsilä owned 7,270,350 B shares in Assa Abloy, or 2.0% of the total. This holding has been booked in the balance sheet at its market value at the end of the reporting period, EUR 98 million.
Assa Abloy is the world‘s leading lock company. The company is listed on the Stockholm Stock Exchange. Wärtsila’s holding in Assa Abloy AB is 2.0% of the company’s shares. Assa Abloy’s share of the highly fragmented global lock market is more than 10%. In 2008 net sales Assa Abloy totalled SEK 34,918 (33,550) million and operating income (EBIT) SEK 5,526 (5,458) million. The Group employs more than 32 000 people.
Assa Abloy Internet site
Wärtsilä Real Estate
Wärtsilä Real Estate is a Group support unit in real estate matters. It is also responsible for developing, leasing and maintaining the properties owned by the parent company.
Wärtsilä Real Estate’s purpose is to ensure that the premises used by the company’s divisions support their business goals in the most efficient way.
