ASSA ABLOY South Africa has a large manufacturing capacity in southern Africa which has allowed employment of local residents over many generations. Furthermore, the company has one agency situated in Namibia.
Other manufacturing and distribution sites have been established in Kenya, Tanzania and Zimbabwe. Domestic market sector focus is on commercial, residential, communication, education, healthcare, hospitality, public works, shopping centres, transportation, utilities and health clubs.
ASSA ABLOY provides safe and secure solutions
that are well-designed, convenient and cost-efficient. Through customer relevance and innovation the company’s solutions create superior value for businesses and for people at work, at home and at leisure. The company is by far the largest employer in the South African Lock Industry with over 700 employees. Not only does the beneficiation of its main raw materials, brass, steel and zinc, provide work for its employees, but also employment downstream to its metal mills and mines.
(1). Founded in 1948 (2). A large manufacturing capacity in southern Africa (3). Established in Kenya, Tanzania and Zimbabwe (4). A staff complement of 702 (5). Active in sub-Saharan Africa and islands
STATISTICS / DEMOGRAPHICS / HISTORY
Year founded: 1948 Employees: 702 Branches: Durban, Bloemfontein, Knysa, Port Elizabeth and Cape Town Agent: African Building Supplies (Pty) Ltd – Namibia Fellow subsidiaries: ASSA ABLOY (T) Ltd – Tanzania; ASSA ABLOY (E.A.) Ltd – Kenya; Chubb Union Zimbabwe
NATURE OF BUSINESS
Activity: Manufacturer and distributor of locking devices, security products and solutions Products/services offered: Architectural ironmongery and security specifications written and supplied Exports: Active in sub-Saharan Africa and islands
EMPOWERMENT STATUS
Black Empowerment Level:
executive directors/senior management: 5%-25% / total staff: >50.1% Empowerment rating: Level 6 Contributor – BEEOnline
BUSINESS & FINANCE
Financial year-end: December Market share: 25% Holding company: ASSA ABLOY Holdings (SA) Ltd, ASSA ABLOY (Sweden) – main holding company Bank: First National Bank Accountants: PricewaterhouseCoopers Inc. Current customer base: Builders, merchants, hardware wholesalers, DIY stores Key clients: Dawn Group, ILIAD Group, Yale Security Point, Mass Stores, Contract Hardware Group
CONTRACTS & AWARDS
Industrial standards: South African Bureau of Standards, ISO 9001 : 1989 - 2006 Joint ventures: Architectural Solutions and Hardware, Yale Security Point
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