Acquisition for bollard company
BOLLARD company ATG Access, based in Haydock, has acquired the US vehicle barrier division of Dutch group Boon Edam for an undisclosed sum.
Its sister company in the US, ATG Access Inc, will oversee the transition and become the brand of Boon Edam’s existing US product range.
The acquisition means the company can offer a broader range of anti-terror and ram-raid deterrent bollards in the US and broaden its network of installation and aftermarket support engineers.
Glenn Cooper, managing director of ATG Access, said: “This acquisition forms part of the strategic development of ATG Access’s business, and in particular, international presence.
“The transaction went through smoothly and efficiently. Our products and services are in great demand in the UK and overseas markets and this acquisition will increase our growth in North America.”
CLB Coopers Chartered Accountants provided corporate finance advice to ATG Access. The company used existing facilities at The Bank of Scotland to finance the deal and legal advice was provided by Andrew Page of Page and Co.
