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
Sales to builders and contractors by Britain’s builders’ merchants surged in September, with sales up 8.3% compared with September last year, according to the latest Builders Merchants Building Index (BMBI) report.Posted in Articles, Building Associations & Institutes, Building Industry News, Building Products & Structures, Building Systems, Landscaping, news, Plant, Equipment and Hire, Timber Buildings and Timber Products
Worker ID tags are made for use in extreme conditions and are 100% waterproof – shop Scafftag for a wide selection of hard hat ID tags for your workers.Posted in Articles, Building Industry News, Facility Management & Building Services, Health & Safety, Plant, Equipment and Hire, Site Preparation
A combination of ROCKWOOL’s non-combustible stone wool insulation and certified FIREPRO® products have been specified for the Grange University Hospital in Wales.Posted in Articles, Building Industry News, Building Products & Structures, Case Studies, Health & Safety, Insulation, Retrofit & Renovation, Security and Fire Protection, Walls
The announcement of a ten-year school rebuilding programme means there is an unprecedented opportunity to adopt new approaches say Pop Up Power Supplies®.Posted in Articles, Building Industry News, Building Services, Heating Systems, Controls and Management, Heating, Ventilation and Air Conditioning - HVAC, news, Retrofit & Renovation