Assa Abloy to acquire Nomadix and GlobalReach

Assa Abloy Global Solutions has signed an agreement to acquire Nomadix Inc. and GlobalReach in the U.S. and U.K.

“Assa Abloy Global Solutions is pleased to welcome Nomadix and GlobalReach as the latest additions to our expanding global team,” said Stephanie Ordan, EVP/head, Assa Abloy Global Solutions. “This latest development will expand our core business capabilities and expertise, as well as continue to provide our customers with enhanced value when delivering on demands for custom-tailored solutions.”

Li Wang, SVP/head of hospitality, Assa Abloy Global Solutions, added, “Adding the capabilities of Nomadix and GlobalReach to our existing solutions portfolio represents our continued effort to serve as a comprehensive provider of advanced technologies. We look forward to leveraging their expertise to serve customers seeking out solutions capable of delivering enhanced security, efficiency and high-quality experiences.”

Nomadix and GlobalReach operate as two separate entities under a central top management and ownership, and will be part of Global Solutions’ Hospitality business area.

“We are thrilled to become part of such a prestigious company as Assa Abloy Global Solutions,” said Ted Helvey, CEO/chairman, Nomadix and GlobalReach. “Our strategic objectives of providing secure, personalized authentication and access to venues, properties and transportation align well with those of Assa Abloy Global Solutions. We look forward to working together to help large global brands and venues connect visitors to their world.”

The acquisition is subject to customary closing conditions and is expected to close during the second quarter of 2024.