BELGRAVIA & CO. has exclusively advised BURG-WÄCHTER KG on the acquisition of 100 per cent of the shares in Sterling Locks Ltd. (Leeds, U.K.). This transaction marks an important step in the internationalisation strategy of the BURG-WÄCHTER Group. With the help of this acquisition, BURG-WÄCHTER becomes a leading player in the U.K. market for domestic and commercial security products.
BURG-WÄCHTER Group, Wetter (Ruhr) (www.burg-waechter.com), is a family run corporation with a heritage of over 90 years. The company is an internationally renowned manufacturer of letter boxes, electronic and mechanical locks, door and window security, safes and cash boxes. BURG-WÄCHTER develops its products exclusively in Germany and maintains production facilities in Germany, Eastern Europe and China. The Group sells its products worldwide via DIY, locksmiths and specialised hardware stores.
Sterling Locks Limited (www.sterlinglocks.com) is one of the UK´s leading resellers of locks as well as letterboxes and cash boxes. In the future, Sterling Locks will operate as an independent company within the BURG-WÄCHTER Group. The long standing Managing Director Anthony Kelly will continue to lead Sterling Locks.
This acquisition further strengthens BURG-WÄCHTER’s international presence. We are pleased that our experience with cross-border transactions helped contribute to BURG-WÄCHTER’s success.fileadmin/content/referenzen/02_burgwaechter_sterling/Case_Study_BW_STERLING_EN.pdf