Atkore International Inc. Acquires Razor Wire International
HARVEY, Ill., Oct. 4, 2011 /PRNewswire/ -- Atkore International Inc. ("Atkore"), today announced that it has reached an agreement to acquire the assets of Razor Wire International, a manufacturing company specializing in razor wire ranging from 18 inches to 60 inches in diameter. The acquisition will strengthen Atkore's existing barbed tape product portfolio and market presence in the perimeter security market.
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"This acquisition enhances our leadership position in a market we perform well in today and that we are focused on for the future," commented John Williamson, President and Chief Executive Officer of Atkore International. "The additional capability and capacity enables us to improve upon our proven record of delivering quality products to our valued customers when and where it is needed and at an industry best value."
Razor Wire International uses state-of-the art, custom-built, proprietary equipment to maximize production efficiency and minimize cost.
As part of the acquisition, Razor Wire International products will transition to the RazorRibbon® product offering available through Atkore. Additionally, all production will transfer to Atkore's Hebron, OH facility. Terms of the sale are undisclosed.
About Atkore International Inc.
Atkore International Inc. is a global manufacturer of galvanized steel tubes and pipes, electrical conduit, armored wire and cable, metal framing systems and building components; serving a wide range of construction, electrical, fire and security, mechanical and automotive applications. With 3,100 employees and 23 manufacturing and distribution facilities worldwide, Atkore supplies global customers with innovative solutions and quality products. To learn more, please visit www.atkore.com.
SOURCE Atkore International Inc.
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