GJD Manufacturing Limited (GJD) has entered into a sale and purchase agreement with Ava Risk Group Limited (AVA). The Ava Risk Group offers a broad range of complementary solutions, including intrusion detection and location, biometrics, card access control, and locking.
AVA protects high-value assets and infrastructure with technologies and services. The company operates three business segments: Future Fibre Technology, BQT Solutions and GJD Manufacturing.
FFT manufactures and markets ‘smart’ fibre optic sensing systems for security and condition monitoring for various applications, including perimeters, pipelines, conveyors, power cables and data networks. BQT is a specialist in developing, manufacturing and supplying high-security biometric readers, security access control and electronic locking products. GJD is a specialist in developing and manufacturing perimeter detectors, illuminators and ANPR cameras. Ava Risk Group products and services are trusted by some of the world’s most security-conscious commercial, industrial, military and government clients.
GJD Chairman and major shareholder Mark Tibbenham said, “Our strategic fit with Ava has been obvious from the start, and we are very pleased to have found a world-class home for GJD’s products, employees and customers. We will continue capitalising on the growing global demand for our award-winning products. I am very excited to be a shareholder in Ava and about the value we can create as a combined business.”
Ava Risk Group Chief Executive Officer, Rob Broomfield, commented on the deal, and said “We are delighted to welcome the GJD management team, employees and shareholders to the Ava Group. The acquisition is an exciting opportunity to increase our global reach and access to new customers, particularly in the large markets of the UK and Europe. Our combined product portfolio is highly relevant to our respective end customers, and we can turbocharge their distribution by combining GJD’s go-to-market access with Ava’s current growth strategy. Importantly, this transaction represents significant strategic value for both FFT and BQT and is complementary to their existing growth initiatives.”