The Locksmith Journal Nov-Dec 2014 - Issue 35 | Page 6

PROUD SPONSORS OF THIS PAGE INDUSTRYNEWS The VERSA V-WIN has an extra trick up its sleeve We have all had the experience of trying to chop window spindles to size. If you don’t lose a finger, there’s a fair chance you’ve damaged a handle. Window handles are cheap but they can be a pain, especially when you face five or six windows that need changing. Espag handles that are supplied with spindles in various different lengths have been around for a while and you will probably agree that they are useful to have to hand. No good if you make hundreds of windows each week - but perfect for the back of the van when a replacement is required. VERSA’s V-WIN is no different. It is supplied with four spindles in various lengths that can be quickly swapped and are held securely by a strong magnet. They also come with easy crop bolts in case the existing ones are too damaged to re-use. However, the V-WIN has another trick up its sleeve. By using a flat screwdriver or even the end of a biro, the button can be popped out and replaced. So, when you have a client with black buttons rather than white or you’ve just run out of your last green egress handle, the V-WIN might just save your bacon. ‘The button can be popped out and replaced.’ Duffells is the exclusive locksmith distributor for all VERSA products. Call 0208 662 4010 or visit www.duffells.com for further information. www.versahardware.co.uk WWW.ZONE-LOCKS.COM OVERSEAS NEWS ASSA ABLOY Finland acquisition ASSA ABLOY has acquired Turvaykköset, the second largest locksmith in Finland. “The acquisition of Turvaykköset is very strategic and constitutes an important step for ASSA ABLOY into the locksmith channel in the Nordic region. I welcome in particular the addition of Turvaykköset that will add a lot of competence in the important Finnish market to 6 THE NOV/DEC 2014 ISSUE SPONSORED BY DAVENPORT BURGESS the ASSA ABLOY Group” says , Johan Molin, President and CEO of ASSA ABLOY. “The acquisition of Turvaykköset reinforces our distribution footprint in Finland and helps us become more project orientated, focused on the offering of state of the art electronic products and service concepts” says Tzachi , Wiesenfeld, Executive Vice President of ASSA ABLOY and Head of the EMEA division. Turvaykköset will be run as a separate and independent unit within ASSA ABLOY Finland and the current management team of Turvaykköset will continue in their respective positions. Turvaykköset operates 12 branches with a focus on the Helsinki Metropolitan Area and currently has some 110 employees. Sales for 2015 are expected to reach EUR 21 M (approx SEK 200 M). Initially, the acquisition will be slightly dilutive to earnings per share. To read more, visit www.locksmithjournal.co.uk