Locks and Security News: your weekly locks and security industry news
19th June 2013 Issue no. 173

Your industry news - first

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GWA to buy API Locksmiths

Australian building fixtures and fittings group GWA is to purchase API Locksmiths for $13.1 million. API Locksmiths is a provider of locksmith services, safes, locks and alarms through its national network, and has revenues of about $25 million a year.

GWA on Tuesday entered into an agreement to acquire the company. The transaction, funded from existing reserves, is expected to be completed by the beginning of October.

12th September 2012

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