Locks and Security News: your weekly locks and security industry news
11th December 2013 Issue no. 196
Your industry news - first
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