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Cardo Snapshot
Cardo is reopening its doors as a business-to-business provider of industrial doors, pumps, and other products. The company, one of Europe's leading players in its various markets, moved its focus away from such products as residential garage doors and toward its business clients, which include transportation companies, retailers, wastewater treatment facilities, and pulp and paper mills. Cardo, which manufactures, sells, and services its products, has subsidiaries in some 30 countries, operating primarily in Western Europe. About 90% of its sales come from countries outside Sweden. Lock maker ASSA ABLOY acquired Cardo in early 2011.
