The deal, which was signed on 25 July 2017, enables Cennox to further support its European clients. This acquisition follows almost two years of their “hugely successful” exclusive 3SI Distributor agreement, covering the UK & Ireland, that started in October 2015.
Cennox has been incredibly active in the security arena, supporting many banks around the world deploying a wide portfolio of security solutions, some supplied by 3SI and others designed and manufactured in-house, by Cennox. A prominent presence at many industry conferences and exhibitions, Cennox has carved a leading position in delivering an incredible array of security solutions, especially those around the ATM. This new acquisition goes a long way to strengthening its foot print in Europe, linking customers to a wider variety of Banking and Retail services.
Cennox CEO Clive Nation said that Cennox has enjoyed an excellent working relationship with 3SI and its acquisition of the European Division of 3SI Security Systems, is great news for the company’s new colleagues and customers across Europe already accessing these products.
The acquisition will see all 3SI European staff join the Cennox Group. The deal also includes their Brussels Head Offices and supporting infrastructure coming under the care of Cennox. This will ensure a speedy and seamless transition with no interruption of service and enable the teams at 3SI Security Europe to continue the fantastic work they have been doing.
Todd Leggett, CEO, 3SI Security Systems said: “We are very excited about working in the future with the Cennox Group in the Europe markets.”