Amarr is owned by Entrematic, which is a division of ASSA ABLOY Group, Swedish multinational company that is world's largest provider of entrance systems and locks. Amarr was founded in 1951 as independent garage door manufacturer in Winston-Salem, North Carolina. In 2013, Amarr was acquired by Entrematic, which was then part of ASSA ABLOY. Entrematic focuses on automatic doors, garage doors, industrial doors, and entrance automation. ASSA ABLOY, headquartered in Stockholm, Sweden, is global company with revenue over 10 billion dollars, owning many door and lock brands like Yale, HID, and others. So Amarr owned by Entrematic under ASSA ABLOY, making it part of large Swedish conglomerate. Despite ownership by Swedish company, Amarr remains headquartered in Winston-Salem, North Carolina, and manufactures garage doors in US plants in North Carolina and other US locations, maintaining American manufacturing and dealer network across North America, sold through dealers and Costco. So who owns Amarr is Entrematic, which is owned by ASSA ABLOY, Swedish multinational, making Amarr part of global entrance solutions group while operating as American garage door brand with US manufacturing and distribution.
1 votes
Marked as accepted