Hills Acquires Intek Security Group
Hills NZ Limited has expanded its Hills Electronic Security NZ operations with the acquisition of Intek Security Group Limited. Intek specialises in distribution in the access control, intrusion, communication and surveillance segments, with core brands being Pelco, Honeywell, DSC, Optex and ACI Farfisa.
Established in 2004, Auckland-based Intek has regional offices in Christchurch and Wellington. The Intek Team comprises 23 staff and has achieved significant growth as a specialist supplier of world-leading security products across New Zealand.
Meanwhile, Hills Electronic Security is New Zealand’s largest supplier of security equipment, ranging from simple domestic alarm systems up to complex integrated access, surveillance and CCTV systems used in commercial and industrial applications.
Brad Newton, COO and Director Hills Technologies, said the Intek acquisition was a great fit for Hills and for the group’s ongoing strategy of building on its premier market position in the Australian and New Zealand security industries.
“It is very much in line with our strategy to focus on delivering integrated solutions into trusted environments, of which security and its managed solutions are prime components,” Newton said.
“Our specialist electronics and security division continues to emerge as a main revenue and profit winner for Hills and we are confident that this trend will continue with the inclusion of the Intek operations into our business.”