classic | mobile
Follow us on:
Follow us on Facebook  Share via Twitter  Share via LinkedIn
 

Search...
Hi-Tech Security Solutions Business Directory


ASSA ABLOY acquires Inhep
July 2017, This Week's Editor's Pick, Perimeter Security, Alarms & Intruder Detection, News

ASSA ABLOY has signed an agreement to acquire Inhep Electronics Holdings, trading as Inhep Digital Security (IDS), a manufacturer and distributor of intrusion detection and access control products in sub-Saharan Africa. IDS was formed in 1985, has sales of over R250 million a year and employs 189 people in its facilities in Pinetown, in KwaZulu-Natal. The deal has been signed and will become effective as soon as it is approved by the South African Competition Commission.

Bryan Watson, managing director, IDS.
Bryan Watson, managing director, IDS.

Speaking to Hi-Tech Security Solutions, Bryan Watson, MD of IDS says the deal came about as a result of IDS’s majority shareholder, Metier, an African private equity fund manager, reaching the end of its fund and looking for an exit. IDS therefore searched for a buyer that would match its commitment to innovation and prove beneficial to its clients and employees.

ASSA ABLOY proved to be the right fit as Watson says the two companies are committed to innovation and growing their market share, and the commitment from ASSA ABLOY met IDS’s requirements for its long-term growth strategy. ASSA ABLOY has made hundreds of acquisitions since 1994 and has mastered the art of growth through acquisitions, again making it the right fit for IDS.

John Middleton, ASSA ABLOY market region manager: Africa & Middle East.
John Middleton, ASSA ABLOY market region manager: Africa & Middle East.

Announcing the acquisition, John Middleton, market region manager of ASSA ABLOY Africa & Middle East, said: “I am very pleased to welcome IDS. IDS has a strong track record of growth and innovative product development. It offers an exciting new range of products in intrusion detection and security, expanding ASSA ABLOY’s range from door opening solutions to a broader array of security and access control solutions for our customers in Africa”.

Watson says the acquisition will follow ASSA ABLOY’s normal approach and IDS partners and customers will not see much change in the short term. “It’s business as usual right now, although the benefits of the acquisition will become evident as we move forward.” One of the primary benefits Watson sees is that IDS now has access to research and development from ASSA’s global base of over a thousand engineers to boost its product design and innovation. ASSA ABLOY’s global reach will also open doors to getting IDS products to new customers and markets. “Our medium-term strategy is to significantly increase our sales into Africa, and the backing and global reach of ASSA ABLOY will ensure we meet these targets,” Watson says.

“The deal will also boost our focus on the smart home market, again in terms of innovative technology as well as market reach.” IDS is already working in this market and its mobile HYYP app is rated the highest of all similar apps in the global Playstore (at the time of writing).

The market relevance and positioning of IDS in Africa was particularly important to ASSA ABLOY. Since it sees Africa as an important future growth market, ASSA ABLOY wants to be sure it has the right product and the people on the ground that will be able to capitalise on this growth.

And while it may be owned by a global enterprise, IDS will continue to operate as an autonomous business unit, retaining the existing commercial and operational team that has made the business successful. And while ASSA ABLOY also bought Impro about one year ago, Watson says the two companies will continue to operate independently, but does not rule out collaboration in the future.

For more information contact IDS (Inhep Digital Security), +27 (0)31 705 1373, marketing@idsprotect.com, www.idsprotect.com


Credit(s)
Supplied By: Inhep Electronics Holdings
Tel: +27 31 705 1373
Fax: +27 31 705 4445
Email: marketing@idsprotect.com
www: www.idsprotect.com
  Share via Twitter   Share via LinkedIn      

Further reading:

  • Storage that never stops
    July 2017, This Week's Editor's Pick, Integrated Solutions
    Hi-Tech Security Solutions looks at the storage technology available for enterprise-level projects in Africa.
  • Much ado about security
    July 2017, Technews Publishing, This Week's Editor's Pick, Conferences & Events
    Securex recently shut the doors on its 2017 exhibition after three days of frenzied activity. According to comments from the many exhibitors, these were three days of quality visitors who kept everyone, including the brave souls at the Hi-Tech Security Solutions’ stand, on their toes.
  • Commissioning of a fire suppression system
    July 2017, FDIA (Fire Detection Installers Association), This Week's Editor's Pick, Fire & Safety, Associations
    The person responsible for commissioning a gaseous fire suppression system will have to go through several key points to ensure the system satisfies the requirements of the relevant standards.
  • Residential Estate Security Conference 2017
    July 2017, Technews Publishing, This Week's Editor's Pick, News, Conferences & Events
    Hi-Tech Security Solutions, in cooperation with Rob Anderson, will be hosting a full day conference covering residential estate security in Johannesburg on 15 August 2017.
  • Dahua secures its IoT
    July 2017, Dahua Technology, This Week's Editor's Pick, CCTV, Surveillance & Remote Monitoring, News
    Dahua Technology announced its selection of Synopsys to enhance the security of its Internet of Things (IoT) devices and solutions.
  • Sensor first to offer a 5-year warranty
    July 2017, Sensor Security Systems, This Week's Editor's Pick, CCTV, Surveillance & Remote Monitoring, News
    Sensor Security takes the lead and offers 5-year warranty for all Hikvision network IP equipment.
  • Stallion hosts open day
    July 2017, This Week's Editor's Pick, News, Security Services & Risk Management
    Stallion Security hosted an open day in June in which clients and potential clients were invited to the company’s Johannesburg headquarters to learn more about the company and the various services it ...
  • Email is the weak link
    July 2017, This Week's Editor's Pick, Cyber Security, Security Services & Risk Management
    Email remains any firm’s most important business tool and 43-trillion emails are sent annually The problem with email is that it was not designed to be secure.
  • Leveraging wide-area CCTV evidence
    July 2017, Leaderware, This Week's Editor's Pick, CCTV, Surveillance & Remote Monitoring
    CCTV coverage across buildings, city blocks, cities and even intercity camera footage is being used increasingly to deal with major crime or terror violations in the UK.
  • A capsule of storage
    July 2017, This Week's Editor's Pick, CCTV, Surveillance & Remote Monitoring, Integrated Solutions, IT infrastructure
    Capsule offers enterprise-class hyper-converged platforms designed specifically for the video surveillance market.
  • Delivering more than security
    July 2017, Johnson Controls, This Week's Editor's Pick, Integrated Solutions, Industrial (Industry)
    Smart organisations are making use of intelligent security solutions with open systems that can communicate with scada and operational systems to drive complex processes related to optimising operations, production and profitability.
  • Biggest threat to industrial systems
    July 2017, This Week's Editor's Pick, Cyber Security, Security Services & Risk Management, Industrial (Industry)
    The biggest threat to industrial control systems since Stuxnet is Industroyer, a sophisticated and extremely dangerous malware designed to disrupt critical industrial processes.

 
 
         
Contact:
Technews Publishing (Pty) Ltd
1st Floor, Stabilitas House
265 Kent Ave, Randburg, 2194
South Africa
Publications by Technews
Dataweek Electronics & Communications Technology
Electronic Buyers Guide (EBG)

Hi-Tech Security Solutions
Hi-Tech Security Business Directory (HSBD)

Motion Control in Southern Africa
Motion Control Buyers’ Guide (MCBG)

South African Instrumentation & Control
South African Instrumentation & Control Buyers’ Guide (IBG)
Other
Terms & conditions of use, including privacy policy
PAIA Manual
         
    Mobile | Classic

Copyright © Technews Publishing (Pty) Ltd. All rights reserved.