The 53-foot tractor-trailer expands training opportunities for installing security dealers and integrators, contractors, carpenters, locksmiths and other industry professionals.
Stanley plans to retain its commercial electronic security and automatic doors businesses.
Mesker has about 400 employees and reported turnover of about $67 million in 2015, with an adjusted EBITDA margin close to 20%.
Door locks are expected to see the fastest growth of any mechanical security product, increasing 6.9% annually through 2020.
Despite stagnant and slowing construction rates in Europe and China, the global market for mechanical locks and door hardware is expected to continue along a path of steady growth.
The integration provides Software House customers with the ability to manage wired and wireless openings from the same application.
The combined entity is expected to benefit from distribution and cost-saving synergies which would allow it grow faster than standalones.
This session will help integrators better understand the needs and market demands of their retail customers.
Take a closer look at all the recurring monthly revenue trends from our 2021 research
