Issi Finishes Doortek Acquisition
DoorTek, which mainly serves the corrections market, will continue to run under current management as a subsidiary of ISSI and retain its name. ISSI announced its intention to acquire DoorTek late last year.
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“We are excited about the acquisition of this small, but solidly profitable operation,” said ISSI Chairman and CEO C.A. Rundell Jr. in a statement.
“ISSI’s goal is to expand through strategic acquisitions and internal development.”