Vanderbilt Industries agrees to acquire Security Products business
Monday, October 20, 2014
Vanderbilt Industries agrees to acquire Siemens’ Security Product Business of the Siemens Building Technologies Division.
Vanderbilt Industries, a global leader providing state-of-the-art security systems, announced today it has entered into an agreement to acquire Siemens’ Security Products business, part of the Siemens’ Building Technologies Division. The business will be renamed Vanderbilt International. Security industry veteran Joseph J. Grillo will be Managing Director, working from the new operational headquarters in Germany.