Kaba strengthens access control product portfolio in North America
With the acquisition of Canadian company Keyscan Inc., a recognized specialist in networked access control solutions, Kaba strengthens its product offering in North America. Besides stand-alone and wireless access control systems Kaba now also offers networked solutions. "The acquisition of Keyscan allows us to provide comprehensive electronic access control solutions for the commercial sector" says Michael Kincaid, COO ADS Americas Kaba Group. "In accordance with our acquisition priorities this purchase adds an adjacent product group to our American ADS business."
The acquisition of Keyscan Inc. also provides Kaba with access to a large established network of integrators and security dealers. Kaba plans to make Keyscan products available in various emerging markets within the Americas too. Keyscan Inc. is based in Whitby (Ontario/Canada). It has about 65 employees and generates turnover of about CHF 18 million (2014). The parties have agreed not to disclose the purchase Price.