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In The News:

Brady Buys Australian ID Manufacturer

Brady Corp. (NYSE:BRC), Milwaukee, WI, has acquired ID Warehouse, New South Wales, Australia. Terms of the transaction were not disclosed.

ID Warehouse offers security identification and visitor management products including identification card printers, access control cards, wristbands, tamper-evident security seals and identification accessories. ID Warehouse has annual sales of approximately US$8 million.

"The acquisition of ID Warehouse gives us an opportunity to further grow our people-identification business in Australia and further expand our reach in the region," said Esther Savvas, Brady managing director for Australia. "They are an established, well-respected company with a passion for customer service. Their comprehensive knowledge of the security and identification industry makes them the go-to source for complete identification solutions, and will complement our current business in Australia well."

Brady, a manufacturer of products to identify and protect premises, products and people, employs approximately 200 people in Australia.

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