DIGITAL Barriers, the security firm and owner of Yorkshire surveillance company COE, has made a significant acquisition.
The product set and intellectual property, along with a number of customer contracts, of LMW Electronics have been bought in an arrangement reportedly valued at £450,000.
LMW’s products provide advanced video capture and transmission technology to the International law enforcement and military markets.
Its products include video cameras and vehicle and body-worn equipment. The company bought Leeds-based COE, now part of the group’s product division, in 2010 that then valued it at around £3.3m.
If you need advice and or assistance with a potential acquisition based in Yorkshire contact Michael Bell and Co Accountants, Yorkshire accountants www.michaelbellandco.com 01484 690730.