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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. #sen.news

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    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.

    #sen.news

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