# ASSA ABLOY to Sell HID PKI Unit to Vista Equity Partners

- URL: https://stocks.freetheai.org/news/assa-abloy-to-sell-hid-pki-unit-to-vista-equity-partners-1e42ab
- Published: 2026-10-16T20:20:00Z
- Category: company_news; sentiment: neutral; impact: medium
- Symbols: [OMXSTO:ASSA_B](https://stocks.freetheai.org/symbols/OMXSTO-ASSA_B)
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ASSA ABLOY AB (OMXSTO:ASSA_B) has reached an agreement to sell the Public Key Infrastructure (PKI) business unit of its HID subsidiary to private equity firm Vista Equity Partners. The divested unit generated $58 million, or roughly SEK 570 million, in sales during 2025 while maintaining a strong operating margin.

The sale allows ASSA ABLOY AB to streamline its business portfolio and refocus HID on its core access control solutions. While shedding the profitable PKI asset will alter the company's revenue stream and portfolio mix, the move provides a strategic shift as the company exits a niche market segment.

The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions. Investors will be observing final deal terms, financial disclosures, and how the proceeds from the sale are allocated once further details become available.

## Key points

- ASSA ABLOY agreed to sell the PKI business unit of HID to Vista Equity Partners.
- The PKI business unit recorded 2025 sales of $58 million with a strong operating margin.
- The sale is anticipated to complete in the fourth quarter of 2026 following standard closing conditions.
- ASSA ABLOY AB Class B shares were trading up 0.90% at 359.5 SEK following the news.

## Questions and answers

### Who is buying ASSA ABLOY's HID PKI business unit?

Vista Equity Partners has agreed to acquire the PKI business unit from ASSA ABLOY's HID division.

### How much revenue did the HID PKI unit generate?

The PKI business unit generated $58 million, or approximately SEK 570 million, in sales in 2025 with a strong operating margin.

### When is the ASSA ABLOY HID PKI transaction expected to close?

The deal is expected to close in the fourth quarter of 2026, subject to customary closing conditions.

