December 26, 2018
Assa Abloy, a provider of door opening solutions, has acquired Luxer One, a provider of package locker solutions, according to a press release.
"I am very pleased to welcome Luxer One into the Assa Abloy Group. Luxer One constitutes a strategic addition to the group and reinforces our position in solutions for home delivery," Nico Delvaux, president and CEO of Assa Abloy, said in the press release.
"Luxer One is the market leading company in the last mile delivery space in the U.S.," said Lucas Boselli, executive vice president of Assa Abloy and head of the Americas division. "Luxer One provides us with good synergistic opportunities in significant vertical markets, such as education and corporate buildings. Also, Luxer One is a key player and a good platform to leverage in the click-and-collect retail trend (buying online and collecting the purchase in-store)."
Luxer One, based in Sacramento, California, was established in 2013 and has approximately 130 employees. Sales for 2018 are expected to reach about $37 million.