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Siemen's Security Products

Vanderbilt eyes future acquisitions

Siemens Security Products deal to close in second quarter

WIESBADEN, Germany—Though Vanderbilt’s acquisition of Siemens Security Products will not close for another month, Vanderbilt CEO Joe Grillo says plans for more acquisitions and more collaboration between U.S. and overseas R&D groups are well underway.

Vanderbilt Industries to acquire Siemen’s Security Products

Deal expected to be complete end of 1Q 2015

FRANKFURT, Germany—Security systems provider Vanderbilt Industries has entered into an agreement to acquire Siemen’s Security Products business, part of Siemen’s Building Technologies Division.