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GJD acquires Radiovisor
Salto completes acquisition of Clay
Assa Abloy acquires in France and in India
GJD
, the manufacturer and
designer of professional external
detector equipment and LED
illuminators, has acquired from
Radiovisor Limited t/a Lazer Sys-
tems all of their infrared beam and
barrier technology plus all related
intellectual property rights.
Radiovisor's Predator range of
dual, quad and tower active IR
beam sets plus the ATEX approved
GS100 beam for use in hazard-
ous areas will be manufactured at
GJD's factory in Heywood and will
undoubtedly enhance GJD's perim-
eter security product range.
Radiovisor Parent Limited was
established over 90 years ago and
were the innovators of the Active
Infra-Red beam.
The innovative high security
Predator system has been accessed
by the CPNI panel and has met
their requirements to be included
within the Catalogue of Security
Equipment (CSE), "Approved for
UK Government Use, for details
contact CPNI". The integral
MM100 beam sets additionally
hold NATO codification.
Radiovisor's IR beam technolo-
gy will complement GJD's product
range instantly. It will provide
installers, specifiers and consult-
ants with a `one stop shop' for IP
connected detectors, active infrared
beams, alarm devices and CCTV
LED illuminators for all aspects
of external security detection and
illumination.
Mark Tibbenham, Managing
Director of GJD commented: "We
are extremely proud to make this
announcement. A strategic acquisi-
tion of this nature will enable the
company to substantially develop
and grow in terms of security
technology innovation. There is a
huge demand for high-end and
intelligent IR beam sets as well as
reliable detectors that can be used
in hazardous areas.
Salto Systems S.L.
, has acquired
the remainder of the shares in Clay,
to become sole owner of the com-
pany; and the purchase of a signifi-
cant equity share in Poly-Control,
the manufacturer of Danalock.
With these important steps,
Salto Systems, market leader in
electronic locking, executes on its
strategy by strengthening its leading
position in both cloud technol-
ogy and mobile access, as well as
electronic locks for the residential
market.
Clay, in which Salto already
held a 60% stake, is a provider of
Cloud technology for Smart locks
through its Clay Locking Platform.
Since its founding in 2012, the
Clay Locking Platform has been
the core of products such as; Salto
KS (Keys as a Service), Prosegur
Control de Accesos and very
recently Regus, the world's largest
provider of flexible workspace solu-
tions. Clay is based in Amsterdam,
currently employs 22 people,
mainly software developers.
Poly-Control/Danalock,
founded in 2003 is a technology
and thought leader in residential
smart locks; recently launched
the 3rd version of their motorised
Smartlock adapted to European,
including Scandinavia, North
American and Asian markets, Da-
nalock V3 is tapping into the drive
of keyless and connected locking
solutions for residential properties
on a global scale. The company
works out of Harlev, Denmark and
employs 20 people.
"We believe that electronic
locks over time will fully replace
mechanical locks. We have seen this
happening significantly in commer-
cial markets in the last decade, but
now it is time to extend our focus
to residential markets and integra-
tion with Cloud technology" says
Marc Handels, Chief Marketing &
Sales Officer of Salto Systems. "We
are extremely happy to announce
today these investments in two
great teams that lead their fields;
and like Salto, both are founded by
teams of talented entrepreneurs".
While both Clay and Poly-
Control will continue to operate in-
dependently and run their services
as they do now, Salto says they look
forward to combining their com-
petencies and leverage the technical
knowledge of both companies.
In a short period of time Assa
Abloy
has acquired Arjo Systems
SAS
, a French identity solution
company in France and SMI, an
OEM manufacturer of architec-
tural hardware in India.
Arjo Systems SAS, is a provider
of physical and digital identity
solutions for secure government ID
applications.
"Our acquisition of Arjo
significantly advances our Govern-
ment ID business, broadening our
geographical reach and giving us
critical mass," says Stefan Wid-
ing, Executive Vice President Assa
Abloy and Head of business unit
HID Global. "Arjo is a strong fit
for HID Global, complement-
ing our existing government ID
offerings with an expanded range
of capabilities for government
agencies, state printers and local
integrators."
Arjo was founded in 2011 and
has some 100 employees with
operations in France, Italy and
Hong Kong.
Sales for 2017 are expected to
reach EUR 56 million (approx.
SEK 550 million) with a good
EBIT margin. The acquisition will
be accretive to EPS from start.
The other acquired company,
SMI (Shree Mahavir Metalcraft), is
an OEM manufacturer of architec-
tural hardware in India.
"The acquisition of SMI delivers
on our strategy to grow our pres-
ence in emerging markets", says
Johan Molin, President and CEO of
Assa Abloy.
SMI was
established
in 1984. It
is head-
quartered in
Jamnagar,
West coast
of India and
has some
960 employees. Sales for 2017 are
expected to reach INR 1,080 mil-
lion (approx. SEK 140 million) and
the acquisition will be accretive to
EPS from start.
Heywood, Lancashire (UK)
Oiartzun, Spain
Stockholm, Sweden
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The ATEX approved GS100 beam for
use in hazardous areas will be manu-
factured at GJD's factory.
Johan Molin, President
and CEO Assa Abloy
OEM.
Det INT 3_17.indd 18
2017-09-07 15:55