ASSA ABLOY announces acquisition of Marenco B.V.

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ASSA ABLOY has acquired Marenco, a leading supplier of building hardware in the Netherlands.

Marenco was founded in 1984 and has a revenue of over € 2.8 million. The company is located on a modern, 1000m2 large location in Zevenbergen and employs 16 people. As a Mul-T-Lock products distributor, they have a strong focus on the Locksmith channel.

Through this acquisition, ASSA ABLOY Benelux enhances its position as leader in door opening solutions. The expertise and product range of Marenco is an important addition to our offer in the Netherlands.

Marenco continues to operate as a separate business unit.

When the takeover was announced, John Ward, Market Region Manager of ASSA ABLOY Benelux said: “I’m very pleased to welcome Marenco. With good performance, complementary products, and a wealth of experience in the Locksmith channel, they will contribute to our succes. This will allow us to extend our team and business activities in the Benelux”.