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Announced

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dormakaba completed the acquisition of Solus Security Systems.

Synopsis

dormakaba, a global security group, completed the acquisition of Solus Security Systems, a security system supplier in Bengaluru, India. Financial terms were not disclosed. "The business combination will lead to multiple synergies with expanded product portfolio and market presence and will enhance our customers’ value in terms of better solution offering and services," Narasimha Swamy, Solus Managing Director.

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