AD Group buys Baxall rights from administrators
Stockport-based designer and manufacturer of CCTV equipment Baxall went into administration at the end of July, with Paul Andrew Flint and Brian Green of KPMG’s Manchester corporate restructuring division appointed as joint administrators of the company on July 19.
As a result of the insolvency, approximately 150 people were believed to have been made redundant.
On Friday, AD Group – the parent company of Dedicated Micros – announced that it has acquired Baxall’s intellectual property, current inventory and the production equipment from the administrators. The deal covers all regions apart from Australia and New Zealand.
Baxall’s ICE range of mini-domes and cameras will be integrated into the Dedicated Micros CCTV range. The company plans to continue to sell Baxall’s high resolution ICE and ICE+ ranges, and for the ICE IP range, will provide the existing cameras in the interim and will add the advanced NetVu Connected range in the medium term.
A number of Baxall staff will be employed within the AD Group. Research and development for Baxall ICE mini-domes and cameras will be based at its Daresbury headquarters, whilst production lines and associated equipment are now being shipped to the company’s main manufacturing facility in Malta.
AD Group said it will provide full warranty support for the camera lines which fall under the agreement, for products shipped within the last six months of Baxall trading.
Nigel Petrie, chairman of AD Group, commented: “This is an extremely important deal which significantly strengthens our CCTV camera offering and – more importantly for our customers – allows us to supply a true end-to-end CCTV solution.
“We believe that the Baxall cameras, combined with the benefits of NetVu Connected seamless interoperability and deep integration inherent in all AD Group digital products, complete the most powerful CCTV range in the marketplace available from a single source.”
AD Group buys Baxall rights from administrators
Stockport-based designer and manufacturer of CCTV equipment Baxall went into administration at the end of July, with Paul Andrew Flint […]
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