SPIE buys Scottish fire and security specialist

Grant Prior 8 years ago
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SPIE has bought a £23m-turnover fire alarm and security installation specialist based in Scotland.

SPIE’S acquisition of Scotshield Fire and Security will allow it to expand into the intelligent buildings market.

Scotshield was established in 1998 and has become a leading provider of fire detection, security alarms, access control and closed circuit television systems.

James Thoden van Velzen, CEO of SPIE UK, said: “This acquisition is an excellent opportunity for both companies to develop their businesses and reach new customer bases across the UK.

“With limited client overlap, there are numerous opportunities for cross-selling our services.

“Scotshield is already well established in the northern part of the UK and has demonstrated consistent growth there.

“By bringing it into the SPIE portfolio, we are developing our Scottish business, taking on new technologies and a lead position in the local market.

“Similarly, Scotshield’s range of solutions has a strong synergy with our own and is therefore a strong fit for existing clients across the rest of the UK, many of whom will be interested in the new services we have to offer.”

Tony Kane, founder of Scotshield Fire and Security, said: “We are immensely proud of the joining of two excellent businesses in their respective fields.

“We wish to thank the SPIE team for a warm welcome into the SPIE family and look forward to a prosperous future for all.”

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