– Siemens Security Products was very complementary to our US Vanderbilt business, which has very similar product categories, but we didn’t have any coverage in the Euopean market. So adding Europe to our North America based Vanderbilt was a very good positioning for us going forward, he says.
Detektor TV Magazine 5, 2015 (Int'l edition) – Interview with Joe Grillo
Vanderbilt acquired Siemens Security Products in the Summer of 2015. For Detektor TV Magazine, Joe Grillo, Vanderbilt Managing Director explains, amongst other things, the reasoning behind the acquisition.