HID Global and ASSA ABLOY Identification Technologies to merge. From September 1, 2007, the Global Technologies division will consist of the two units HID/ITG and Hospitality.
Denis Hebert, Head of HID/ITG, and Tim Shea, Head of Hospitality, appointed new members of the Executive Management team of the Group.
"Combining the two units HID and ITG will further leverage growth opportunities as well as create a better opportunity to reinforce synergies. I am very pleased that Denis Hebert has accepted to lead the organization" says Johan Molin.
Regarding Hospitality Johan Molin comments that ASSA ABLOY Hospitality during the last couple of years, under Tim Sheas leadership, has gone through a remarkable transformation and has turned into a successful business with great potential going forward.
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