Master Lock acquires Sentry Safe
The Master Lock Company has acquired Sentry Safe, a producer of personal safes and protective security containers.
“Sentry Safe’s strength in complementary product categories enable The Master Lock Company to leverage strong iconic brands domestically and internationally,” said Terry Horan, president, TMLC. “We are excited about the growth opportunities we will now have together to drive innovation and leverage global distribution and manufacturing capabilities.”
Sentry Safe is headquartered in Rochester, N.Y., with additional manufacturing facilities in Cannelton, Ind. The addition of Sentry Safe will provide annual revenue of approximately $150 million.
“Both companies are a natural fit and each represent the strongest brands in their respective consumer categories, with a rich heritage and combined history of more than 175 years,” said Horan. “We are pleased to add Sentry Safe to our portfolio of brands.”
Master Lock Company LLC is an operating unit of Fortune Brands Home & Security Inc., headquartered in Deerfield, Ill.
INDUSTRIAL SUPPLY MAGAZINE
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