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CLD Systems, a leading supplier of physical security systems in the UK, recently announced its acquisition of Cova Security Gates (Cova), the world's first designer and manufacturer of the crash-rated trackless bi-folding gate.
CLD is the UK's largest manufacturer and supplier of rigid mesh fencing systems and security gates.
It protects environments such as data centres, schools, transport hubs, manufacturing warehouses, high-profile sporting venues, open spaces, and Critical National Infrastructure (CNI) sites.
The transaction, which was successfully facilitated by the Corporate Team at Myerson Solicitors, acting on behalf of CLD, highlights the ambition of the CLD team and assists in the ongoing growth strategy of CLD.
Scott Sands, Partner in the Myerson Solicitor's Corporate Law team and lead solicitor, said:
"We are thrilled to have been able to assist CLD in the acquisition of Cova, which will allow the CLD Group to expand into new areas and offer the complete package of security supplies and services. The team at CLD are dedicated to the growth of the group and have market leading knowledge. The acquisition of Cova adds another string to their bow, and we at Myerson are excited to see the continued growth and development of the CLD Group."
Russell Wells, CEO of CLD, comments:
"Our business is growing rapidly, and demand for innovative access control systems, which offer the highest level of security and sustainability, is continuing to rise. The acquisition of Cova is an important part of our growth aspirations as a global market leader and will allow us to offer a complete suite of HVM products and further meet the needs of the complex industries we operate in."
CLD's extensive range of products and services can be explored on their website here.
With an emphasis on working with clients to prevent loss, CLD offers global solutions to global problems. You can read more about the acquisition in the joint press release.