Biosite has been acquired by Swedish tech firm ASSA ABLOY.

The Solihull-headquartered biometric access control firm is the leading provider to UK construction industry.

Founded in 2010, it has 140 employees and generated sales of £14m in 2019.

"I am very pleased to welcome Biosite and their employees into the ASSA ABLOY Group,” said Nico Delvaux, President and CEO of ASSA ABLOY.

“Biosite is a strategic technological addition to the ASSA ABLOY Group. The company will reinforce our current offering within solutions for access control and will provide complementary growth opportunities.”

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The ASSA ABLOY Group is the global leader in access solutions such as efficient door openings, trusted identities and entrance automation.

The Group operates worldwide with 49,000 employees.