Security specialist continues acquisition spree with latest deal
A Manchester security specialist has completed the acquisition, for an undisclosed sum, of a West Midlands company.
UAP, located in Whitefield, specialises in locks and hardware for doors and windows.
It has acquired Security Hardware, from Eurocell, which specialises in domestic PVC-U door and windows hardware, supplied online and through more than 200 Eurocell branches across the UK.
The acquisition will significantly expand UAP’s offer to customers, adding new products to its range and strengthening its geographical reach through Security Hardware’s distribution centre in the West Midlands. The deal will also see UAP supply its entire portfolio to Eurocell’s branches.
David Jennings, UAP CEO, said: “This strategic acquisition will provide our customers with even more choice, including a wide range of specialist products that we’ve never offered before. These include a high quality window lock, different types of window handles and van and garage security hardware.
“Security Hardware customers can benefit in the same way, with access to UAP’s entire product range, providing them with a one-stop-shop for all their needs.”
He said: “Adding a West Midlands-based distribution centre to our network is another key development for our business, enabling us to serve customers in this region more quickly and effectively. Long term, we’re planning to employ more delivery drivers and warehouse operatives at this site to strengthen our logistics capabilities.”
Mitch Masters, procurement director of Security Hardware, said: “There were obvious synergies with UAP which made this acquisition a natural next step for our business. Combined, our product range is one of the most diverse on the market, enabling us to target a broader customer base right across the UK.
“Maintaining the partnership with Eurocell branches will also ensure that, as a group, we can continue to support local businesses.”
Established 15 years ago and based in Willenhall, West Midlands, Security Hardware has forged a reputation for the quality of its portfolio, including products offered under the Schlosser Technik brand.
Security Hardware joins UAP as part of a proactive acquisition strategy, which has seen the business acquire a further two companies within the past three years – Locking Systems and Intelligent Hardware.