Chamberlain Group Inc Acquires Antech Guardian Affiliates to Grow Product Offerings
Acquisition bolsters LiftMaster's reputation as an industry leader in Perimeter Access Solutions
ELMHURST, Ill., Jan. 4, 2016 /PRNewswire/ -- Chamberlain Group, Inc. (CGI), announced today the acquisition of two Antech Guardian affiliates, based in Tucson, Ariz. The affiliates, Guardian Traffic Systems (GTS) and Guardian Gate Hinges (GGH), are both part of Antech's Perimeter Access Solutions offerings.
The GTS line will support CGI's LiftMaster brand by diversifying the LiftMaster product offering, adding road spikes, traffic barriers and systems to its current line of Perimeter Access Solutions.
"The Chamberlain Group is excited about the opportunities this acquisition presents," said Bob Markwart, President, LiftMaster Americas. "The GTS and GGH acquisitions will increase our total product offerings in Perimeter Access Solutions, enabling us to continue to provide our customers with innovative and high quality products."
The parent company to the GTS and GGH divisions, Antech, will continue to be run as a stand-alone business led by President David Roher and the company's highly experienced management team and sales force.
"For us, it is an honor to partner with industry leaders like CGI and LiftMaster," said David Roher, President, Antech. "Having our products recognized by these leaders speaks to our mutual commitment to innovation, quality and manufacturing excellence."
This acquisition aligns with CGI's global strategy to invest in strong, innovative products that enhance the company's portfolio and grow its capability to serve the Perimeter Access Solutions market.
"LiftMaster takes pride in providing products that serve all our customers' needs," said Steve Levine, Vice President & SBU Leader, Perimeter Access Solutions. "Now we have even more to offer them. This is a great win for us."
"We're always looking for ways to expand our product offerings and better serve our customers," said James Roberts, Chamberlain Group CEO. "Being an industry leader means constantly innovating and developing, and this acquisition supports the continued growth of our company."
About CGI
Whether it's your garage, gate or door, The Chamberlain Group, Inc. (CGI) controls and protects the biggest entryways to homes and commercial properties worldwide with its Chamberlain®, LiftMaster®, Merlin® and Grifco® brands. A leader in residential garage door openers, commercial door operators, gate access solutions and related accessories, CGI's innovative products keep people safe, secure and connected. Chamberlain Manufacturing Company was originally founded in Waterloo, Iowa in 1906. Chamberlain acquired its garage door opener business in 1968, which was the beginning of CGI as we know it today. CGI is one of the top home connectivity companies in the industry with its MyQ® technology, which empowers consumers to monitor and control their garage doors and home lighting from their smartphones anytime, anywhere. For more information visit www.Chamberlain.com or www.LiftMaster.com.
About Antech
Antech Corporation is an Arizona Perimeter Access Control specialist serving all of Arizona. It was founded as Roher Construction Company in 1949 and evolved into Antech Corporation in 1996. In 1985 the company started manufacturing the Guardian Hinge. Soon after traffic spikes were developed resulting in the formation of Guardian Gate Hardware and Guardian Traffic Systems.
Antech will continue serving its customer base in Arizona and is currently in development of outdoor solar lighting systems along with products that will serve in the personal protection industry.
Contact:
Jefferson Day
Edelman
312-240-2622
jefferson.day@edelman.com
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SOURCE Chamberlain Group, Inc.
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