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Vanderbilt Industries to acquire Siemen's Security Products

October 20, 2014Amy Canfield

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.Joseph J. Grillo will be managing director of the new business, renamed Vanderbilt International, based in the new operational headquarters here, he told Security Systems News.Some 350 Siemen's Security Products employees based in Germany, Ireland, Sweden and France are expected to make an easy transition...

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