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.
Tel: +44 (0)845 071 0882
As part of Keystone Lintels’ Spotlight on Women in Construction Series, the company spoke to Ann Morgan, Chief Executive of Murdock Builders Merchants.Posted in Articles, Bricks & Blocks, Building Industry News, Building Products & Structures, Building Systems, Canopies, Entrances & Column Casings, news, Posts, Recruitment, Walls
Celebrations have been in full flow at REHAU, as five members of the Building Solutions team have marked their combined 100-year anniversary.Posted in Articles, Building Industry Events, Building Industry News, Building Services, Heating Systems, Controls and Management, Heating, Ventilation and Air Conditioning - HVAC, Insulation, news, Pipes, Posts, Recruitment
The GGF has announced the renewal of its partnership with GK Strategy to deliver its Group Political Strategy Committee campaigns.Posted in Articles, Building Industry News, Building Products & Structures, Glass, Glass Projects, Glazing, news, Windows
ASSA ABLOY Access Control has partnered with NetNodes to deliver assured and secure access to a new London innovation centre.Posted in Access Control & Door Entry Systems, Accessibility, Articles, Building Industry News, Building Products & Structures, Health & Safety, Security and Fire Protection