Nice has acquired Nortek Controls
Nice, the Italian company behind security brands abode and Hysecurity, has acquired Carlsbad, Calif.-based Nortek Control.
Nortek, which is most known in the security industry for its 2GIG panels and Linear access control solutions, was previously owned by U.K.-based Melrose Industries.
All of the Nortek Control brands – 2GIG, ELAN, Linear, MightyMule, Proficient, SpeakerCraft, Gefen, Xantech, Panamax, Furman, numera and IntelliVision – will enable Nice to provide a full suite of integrated solutions for residential, commercial, industrial, and government customers, including consumer DIY, custom and professionally-installed specialised products, and high-security applications.
Rothschild & Co advised on the acquisition of this transaction. For further detail please contact Graham Carberry.