ATZ has been acquired by Salto Systems
ATZ has sold a majority stake to Salto Systems, marking the integration of a specialized manufacturer of locking solutions into a global access control platform. The transaction brings together ATZ’s manufacturing expertise with Salto’s leadership in access control technologies, strengthening production capabilities and supporting the continued development of innovative locking solutions for international markets.
Founded in 1990, ATZ is a Portuguese company specializing in the development and manufacture of locking solutions. The company has a strong international focus, exporting a significant share of its production and serving customers worldwide across the professional, manufacturing and DIY segments. ATZ operates a state-of-the-art manufacturing facility with over 9,000 sqm of built space and is supported by a team of more than 80 employees.
Salto Systems is widely recognized as a global market leader in smart electronic access control solutions across a broad range of industries and applications. The company develops and manufactures world-class hardware and software access control products, smart locker management systems, face recognition solutions, visitor identification management, cashless payment and ticketing and booking solutions.
Oaklins’ team in Portugal acted as the exclusive sell side advisor to the shareholders of ATZ, supporting them throughout the transaction.
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