ASSA ABLOY

Double acquisition for ASSA ABLOY

  • 6 Feb 2018

  • Share

ASSA ABLOY has announced a double acquisition, as part of it taking control of the Progress Ventures Group (“Dale & Excel”), the leading suppliers of architectural hardware to builder’s merchants in the country.

Dale Hardware and Excel Architectural Hardware have been acquired by ASSA ABLOY, who boast a 47,000-strong workforce and sales near £6.4 billion.

In Britain, ASSA ABLOY is best known for the Yale and UNION brands, with its Head Office and main manufacturing centre in Willenhall, West Midlands.

Given the strong commercial synergies that already exists between the companies, this acquisition is sure to create opportunities for both businesses to add greater value to its customers by offering a wider innovative product range.

Both Dale & Excel will carry on operating as autonomous businesses as part of ASSA ABLOY Security Solutions, maintaining the strong commercial and operational team that has made the business as successful as it is today. Furthermore, existing customer contact points remain unaltered.

Neil Vann, Market Region Manager and Managing Director of ASSA ABLOY UK, said he was ‘very pleased’ to welcome Dale & Excel into the ASSA ABLOY Group, praising their ‘extensive product portfolio, strong track record of growth and new innovative product development.’

Established in 1974 with headquarters near Leeds, Dale employs roughly 70 employees; 2018 sales are estimated to reach around the £19 million mark.

ASSA ABLOY,
School Street,
Willenhall,
West Midlands,
WV13 3PW
United Kingdom

Tel: +44 (0)845 071 0882

Visit ASSA ABLOY's website

Leave a Reply

More articles

Delta Electronics

Delta's M300 range: compact, advanced and cost-attractive

Delta Electronics has launched the new M300 range of Drives, designed for the most basic to the most advanced applications.

Posted in Articles, Building Industry News, Building Products & Structures, Building Services, Building Systems, Hand Tools, Innovations & New Products, Plant, Equipment and Hire, Posts, Power Tools

  • Share
Screen Shot 2018-02-23 at 12.54.44

A call for collaboration in timber innovation

In the latest issue of ABC&D, Metså Wood looks at further advancing the use of wood in mainstream construction with the sharing of knowledge and innovation.

Posted in Articles, Building Industry News, Building Products & Structures, Building Systems, Features, Timber Buildings and Timber Products

  • Share
IKO

Insulation for Islington cadets from IKO plc

IKO PLC’s ‘Fix that Hut’ scheme has seen Islington & Stoke Newington Sea Cadets centre donated more than 250 square metres of IKO enertherm PIR insulation to them.

Posted in Articles, Building Industry News, Building Products & Structures, Insulation, Posts, Restoration & Refurbishment, Retrofit & Renovation, Roofs, Sustainability & Energy Efficiency

  • Share
unnamed

Aggregate Industries expands Southern operations with acquisition of Kendall Group

Aggregate Industries, a member of the LafargeHolcim Group, has acquired the aggregate and ready-mix concrete manufacturer, the Kendall Group.

Posted in Articles, Building Industry News, Building Regulations & Accreditations

  • Share