BUSINESS

UBM, Assa Abloy enter into strategic partnership

July 16, 2017
UBM Chairman of Advisory Board Raghunath Sadasivam (right), and Nassim Abu Yousef, CEO for Middle East of Assa Abloy Security Solutions, sign the strategic agreement in Riyadh
UBM Chairman of Advisory Board Raghunath Sadasivam (right), and Nassim Abu Yousef, CEO for Middle East of Assa Abloy Security Solutions, sign the strategic agreement in Riyadh

UNIVERSAL Building Materials Merchants Co Ltd (UBM), the Kingdom’s leading building materials company, recently entered into a strategic alliance with the world’s largest architectural door hardware and security solutions provider Assa Abloy.

The partnership comes in line with UBM’s continuous pursuit to provide distinctive door hardware and security solutions to the construction industry.

Assa Abloy offers a complete range of door opening solutions making people feel safe and secure in simple and convenient ways. With 47,000 employees in over 70 countries, it is the strongest global player in the industry with over $8 billion sales worldwide.

Through this alliance, the two companies will share knowledge and experience that will provide unique services to the construction sector.

The alliance between UBM and Assa Abloy is a powerful collaboration that will provide high-quality door opening solutions and specialized services to clients in Saudi Arabia and the Gulf region.

UBM Chairman Advisory Board Raghunath Sadasivam and Nassim Abu Yousef, CEO of Assa Abloy Security Solutions Middle East Group, signed the agreement last Monday. — SG


July 16, 2017
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