Processing timeline
26
days
Acquirer(s)
MM SECURITY SUPPLIES PTY LIMITED ABN - 14 670 314 913
Target(s) or Vendor(s)
MICRON ALARM SUPPLIES PTY LTD ABN - 39 002 553 406
Other parties
MML HOLDINGS LIMITED ABN - 55 084 402 380
MM Security Supplies Pty Ltd acquired the business assets and goodwill of Micron Alarm Supplies Pty Ltd, trading as Micron Security Products. This asset and goodwill acquisition involves the wholesale supply of electronic security equipment, including CCTV systems, intrusion alarms, access control devices, and intercom systems.
MM Security Supplies Pty Ltd ( MM Security ) proposes to acquire the business assets and goodwill of Micron Alarm Supplies Pty Ltd, trading as Micron Security Products ( Micron Security Products ) (the Acquisition ). MM Security is a group of wholesale businesses which source locally produced and imported electronic security equipment, including CCTV systems, intrusion alarm equipment, access control devices, intercom systems and related electronic security equipment and accessories. MM Security has a national footprint operating six separately branded wholesale businesses: • Rival SP: store located in Victoria • Seadan Security and Electronics: stores located nationally • Sprint Intercom and Security: store located in New South Wales • NAS: stores located in New South Wales and Queensland • Source Security Systems: stores located in Western Australia and Queensland • Audio Source: store located in Western Australia MM Security is a wholly owned subsidiary of MML Holdings Limited, a diversified Australian company which also has interests in a range of other businesses with limited overlap in electronic security equipment. Micron is an Australian importer and wholesale supplier of electronic security equipment, including CCTV systems, intrusion alarm equipment, intercom systems, access control equipment and related accessories. Micron operates two stores, in Seven Hills, Sydney and Hendra, Brisbane, and provides online retailing nationally.