IN A departure from its usual security focus, Trellidor, which recently listed on the JSE, will also enter the home improvement market.The group said on Monday it would be buying a 92.5% share in Taylor Blinds and Shutters, and NMC Decorative Mouldings for a total of R150m.The company, which sells barrier security products in SA and elsewhere in Africa, says the deal with seller Odyssey House, advances its strategic objectives of diversifying and expanding its product range and distribution network. The purchase will be through a subsidiary, Subco.Taylor Blinds specialises in designing, manufacturing, marketing, distributing and servicing a wide range of blinds, shutters and security doors in the South African market.NMC distributes imported decorative mouldings."The Taylor Blinds product range including its Shutterguard range, enjoys strong market share, particularly in Gauteng and the Western Cape," Trellidor said.The group said the new businesses provide Trellidor with strong bra...
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