Locks and Security News: your weekly locks and security industry newsletter
17th April 2024 Issue no. 701

Your industry news - first

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The Atlantic Group has announced the acquisition of Avocet Hardware Limited.

The Atlantic Group (which includes Eliza Tinsley) is a hardware business which manufactures and distributes hardware products - including chain and rope, fixings, fasteners and general hardware into the major UK DIY retailers and independent trade markets. It is claimed that the acquisition of Avocet Hardware will further strengthen the Group's presence within these markets.

It is said that the Atlantic Group will provide a 'strong platform' to develop the current Avocet business which operates through three trading divisions - the Builders Hardware division, the Door & Window Hardware division and the ABS Secure division.

VK Jain, the chairman of the Atlantic Group commented: "We are absolutely delighted that we have been able to complete the acquisition of the Avocet business which represents an exciting addition to the Atlantic Group."

Ian Jones, chief executive of Avocet Hardware said: "The acquisition by the Atlantic Group is positive news and will ensure that the Avocet business can move forward with confidence. I have been hugely impressed with the loyalty shown across the customer base and the dedication of the team here in Brighouse during these recent challenging times."

"Customers will be happy that Avocet is now part of Atlantic which has a strong name in hardware, and that it is now back to business as usual," added Kevin Harvey managing director.

29th February 2012