Pedestal PRO, a Lindon-based manufacturer of access-control pedestals, bollards and mounting solutions for the security industry, has been acquired by Assa Abloy of Stockholm, Sweden. Terms of the transaction were not disclosed.
Pedestal PRO was founded in 2002 and has about 50 employees.
Assa Abloy manufactures mechanical and digital locks, cylinders, keys, tags, security doors and automated entrances. It has about 63,000 employees worldwide.
“I am very pleased to welcome Pedestal PRO into the Assa Abloy Group. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” said Nico Delvaux, president and CEO of the company.
“Pedestal PRO is an established innovator that seamlessly integrates design, architectural elements and access control technology, and I am excited for them to be part of Assa Abloy,” said Lucas Boselli, executive vice president and head of the Americas Division at Assa Abloy. “Their product portfolio enhances our offering for electromechanical solutions and solidifies our position as a go-to partner for access control equipment manufacturers, system integrators and security companies.”