Press releaseNon-regulatory
ASSA ABLOY's production unit in Barkan
ASSA ABLOY acquired the Israeli lock company Mul-T-Lock in 2000. The company has operations in Israel and on the West Bank. Mul-T-Lock was founded in 1973 and the operation on the West Bank started in 1984.
An independent report has stated the inappropriate that the Mul-T-Lock subsidiary has a production unit in Barkan, West Bank.
ASSA ABLOY has been influenced by the report regarding the operation in Barkan, and after consideration has decided to review the situation. An internal project group has been set up with the assignment to investigate the requirements to move the production.
For more information, please contact:
Ann Holmberg, Manager Corporate Communications, tel no: +46 8 506 485 72