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| Kentec Electronics Ltd will become part of the Hochiki Group of Companies on 1st October 2012 |
Hochiki Corporation Japan entered into an agreement to acquire the stock of Kentec Electronics Ltd. The transaction is expected to be completed on 1st October 2012 when Kentec Electronics Ltd will become part of the Hochiki Group of Companies.
Hochiki Corporation Japan first established in 1918 as Japan's first fire alarm manufacturer is a leading manufacturer of fire detection products with an expanding presence across the world.
Kentec Electronics Ltd was established in 1985 and together with its American subsidiary company VES LLC produces and supplies a range of control panels for fire detection, extinguishing media release, water and smoke detection and sprinkler control.
Kentec Electronics will continue to be run by its current management team as a separate unit within Hochiki Corporation Japan and will continue to use existing suppliers and support all of its customers including the current sensor partners.
Kentec Electronics subsidiary company VES LLC will be amalgamated with Hochiki America Corporation and continue to operate from its east coast base in the United States of America.
Kentec Electronics believes this is an opportunity to benefit both parties and to further develop its business and allow access to new World wide markets.
