Lock specialist Assa Abloy gets more security capabilities as it acquires HKC, the Ireland-based of installed wired and wireless alarms and cloud-based monitoring systems. Financial details of the deal are not available.
Founded in 1991, HKC sells control panels, presence detectors and keypads for managing security systems. It employs 45 staff at its Dublin HQ, and has an office in Littleborough in Greater Manchester, England. Post-acquisition it will continue to operate autonomously as part of the Assa Abloy portfolio, witht he same sales and operations team. Existing customer contact points will also remain as is.