2024 mid-year outlook, two
M&A deals fully "Made in Italy" and an entrepreneurial tradition since
1770
CONEGLIANO, Italy, July 30, 2024 /PRNewswire/ -- Keyline was
acquired in the early 2000s by the Bianchi family, representing a
key milestone in their continuity and tradition with over 250 years
of experience. Matteo Bianchi
started creating his first forged iron keys in 1770 in his workshop
in Cibiana di Cadore, establishing the world's longest standing
family business in this Industry. Today, the tradition is carried
on by the 8th generation of the same family.
The main turning point happened in the 1980s when Massimo Bianchi, the chairman of Keyline
Industries today, invented with his father Camillo the Silca
UnoCode. This was the world's first computerized key cutting
machine. After the sale of Silca S.p.A. and the acquisition of
Keyline, the Bianchi family continued the tradition.
The headquarters is in Conegliano, in the street named after
Camillo Bianchi. The company has
always been at the forefront of technology and innovation in the
security industry.
With the latest acquisitions of 2024, Keyline Industries will be
a leading manufacturer of keys, key cutting machines and
transponders. In addition, Keyline Industries will also be a unique
manufacturer of Industrial automated machines for the security
industry and home & building automation – through the brands
ACS and Allmatic.
Founded in 1989 in Belluno, Allmatic has been acquired from the
Raineri family. Today, Allmatic is present in over 50 countries and
specializes in the production and marketing of home automation
products.
The ACS business unit allowed Keyline to enter the industrial
market segment, offering machines for the assembly and processing
of keys, locks, padlocks, and cylinders.
The acquisitions mark a new phase of growth and development for
Keyline Industries, joining forces with strategic companies. Such
acquisitions address common challenges and leverage synergies that
will lead to new opportunities in the security and automation
market.
The group can count on 2 production plants in Veneto, 9 commercial subsidiaries and more
than 200 collaborators, with a centralized R&D hub of 40
people.
Giacomo Alpago, CEO of Keyline
Industries, stated: "Thanks to this acquisition, we enhance our
offering and accelerate development towards the digitalization and
integration of our products.
We will be able to make strategic investments in the fields of
security, automation and smart access solutions".
Contact: Stefano
Granzotto, press@keylineindustries.com, +39 0438 202511
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