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HomeNew ProductsMelrose Selling Nortek For $US285M

Melrose Selling Nortek For $US285M

Melrose Industries will sell Nortek Control for $US285 million to an as yet unnamed investor.

Nortek Control manufactures security, home automation, access control and health solutions like 2GIG, Linear and Intellivision, which are distributed in global markets, including ANZ and Nortek Control and Alarm.com.

2GIG solutions are distributed locally by Rojac.

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SEN News
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Security & Electronics Networks - Leading the Security Industry with News and Latest Events. Providing information and pre-release updates on the latest tech and bringing it all to you daily. SEN News has been in print for over 20 years and has grown strong as a worldwide resource in digital media.

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