ATG Access Ltd strengthens its position within the North American market
26/07/2010
ATG Access Inc. announced today that they have acquired the vehicle barrier/and gate division of the Canadian group Allen-Vanguard Corporation.
Haydock-based ATG Access (part of the CoBaCo Group) engineer and produce High Security Vehicle Barrier, Traffic bollard systems and Ram Raid deterrent bollards which can be seen in situ in most major cities and venues globally. The Haydock business will work closely with its sister business ATG Access Inc. in the full global integration of the business This acquisition continues the development of ATG Access’s business globally, coming on the back of the acquisition of the vehicle barrier division of Boon Edam in the United States last year- to form ATG Access Inc.- and an agreement between Edgar Allen and ATG Access for a range of cast manganese bollards in architecturally challenging applications, the ability to support its client worldwide continues to develop.
The anti-terror and ram-raid deterrent bollard systems are designed to withstand the force of a heavy goods truck driving at 50 miles per hour– its little wonder ATG Access sits firmly in the bracket of the world’s specialist provider of physical security solutions.
Steven Lindsay, Partner at CLB Coopers Chartered Accountants provided corporate finance advice to the purchaser, whilst Donald Johnson of Aird & Berlis LLP in Toronto provided legal advice.
The undisclosed consideration will be satisfied by existing facilities provided by Bank of Scotland (Lloyds Banking Group).
ATG Access’s Managing Director Glenn Cooper said “This acquisition forms another part of the strategic development of ATG Access’s business, and in particular, international presence. Our products and services are in great demand in the European, Gulf, Americas and Asian markets, this acquisition will increase our growth in North America and its influenced markets”.
Editor’s Notes
ATG Access was formed in 1989 as a manufacturer of security posts to protect cars and property.
Entering into commercial sectors and technological innovation saw rapid growth throughout the 90’s and into the new millennium. in 2005 ATG Access products were tested as part of the government’s anti-terror specification; PAS 68. Now with worldwide accreditations including USA Department of State approvals.
Strong leadership has seen further controlled growth of the business and international development.
ATG Access has 2 UK and 1 US office and 24 agents around the world, and manufacturing in location in the UK, USA, Gulf and ASIA.
CLB Coopers is one of the North West’s leading independent accountancy firms, with offices in Manchester, Bolton and Lancaster.
o CLB Coopers has 15 partners and associates and employs over 110 professionals to deliver a full range of accountancy and financial services to individual and corporate clients, including listed PLCs.
o Established more than 150 years ago, CLB Coopers’ service offering includes audit, accountancy services, taxation compliance and planning, VAT, corporate finance and corporate recovery and reconstruction.
o The firm prides itself on its ability to provide high quality advice and expertise in a way that is specific and appropriate to each client’s individual needs.
o CLB Coopers is a member of Leading Edge Alliance International, the network of independent accounting and business consulting firms.
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