Domestic alarm technology company, Securahomes, intends to invest heavily over the next five years to acquire alarm companies to increase its share of the UK domestic alarm market.
Martin Mann, the company’s Managing Director states: “We have already established a large customer-base in the UK, but we now want to increase our overall market share, and purchasing alarm companies will help us achieve this goal.”
This latest move will see the company invest more than four million pounds over the next five years, buying small to medium-sized businesses that have an established, or growing customer base.
Initially Securahomes is looking to purchase businesses based in or around the Yorkshire region, although Martin states they will also look to secure alarm companies outside of the Yorkshire region should an opportunity become available.
Securahomes states this move will more than double its recent recruitment drive, with future employment opportunities for additional alarm engineers, regional sales managers and extra support staff to strengthen its expansion programme.
“The domestic alarm market is estimated to be worth over £2 billion and those companies who produce new technology innovations, such as wireless monitored systems will be the ones who benefit the most. We already manufacture a range of products incorporating the latest technology, and we intend to continue growing our share of the domestic alarm market in order to position Securahomes as the UK’s leading wireless monitored alarm specialist.” Added Martin.