08/09/2009 | DITEC and ASSA ABLOY: for a common future, rich in successes

About two years ago, the shareholders at the time of Ditec decided to consider different alternatives for the future for the company. The shareholders were determined to find and select a partner to support Ditec’s strategic mission in automatic entrance systems. The criteria included partnering with a strong and determined industrial group, willing to invest with the aim to continue Ditec’s successful development experienced over the past 35 years.

ASSA ABLOY was the shareholders’ choice, matching well with the criteria set and with Ditec’s strategic mission.

We are very pleased to have reached an agreement with ASSA ABLOY for Ditec’s future. We are sincerely confident that with this common future, our 550 employees of the Ditec Group will have an excellent development of professional growth, within the ASSA ABLOY Group. The ASSA ABLOY Group stands for successful development financially, greatness in professional competence, enthusiasm and growth opportunity, to the benefit of our employees.

We welcome ASSA ABLOY and wish this alliance best wishes, rich in successes.

Renato Calza

Silvano Angaroni

Armando Vecchi

Caronno Pertusella, 08/09/09