ASSA ABLOY Acquires Pedestal PRO
April 17, 2025
ASSA ABLOY has acquired Pedestal PRO, a U.S. manufacturer of access control pedestals, bollards, and mounting solutions based in Lindon, Utah. Pedestal PRO, founded in 2002 with about 50 employees and roughly $11M in 2024 sales, will expand ASSA ABLOY's electromechanical and access-control product offering and is expected to be accretive to earnings from the start.
- Buyers
- ASSA ABLOY
- Targets
- Pedestal PRO
- Industry
- Building Products
- Location
- Utah, United States
- Transaction Type
- Buyout
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