UAP has announced that it has has acquired Security Hardware from Eurocell plc, for an undisclosed sum, in a deal that will expand the buyer’s offering as well as putting its entire portfolio into Eurocell’s branches.
Based in the West Midlands, Security Hardware supplies domestic PVC-U door and windows hardware, including products under the Schlosser Technik brand, which is supplied online and through more than 200 Eurocell branches across the UK.
UAP chief exec David Jennings 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 Twin Cam 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.
“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.”
Security Hardware procurement director Mitch Masters added: “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.”
The acquisition is the third in as many years for UAP after the purchase of Locking Systems and Intelligent Hardware.