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Cemtrex to Complete 100% Acquisition of Vicon Industries to Strengthen Security Technology Portfolio

Cemtrex to Complete 100% Acquisition of Vicon Industries to Strengthen Security Technology Portfolio

12/04/24, 2:38 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgbrooklyn
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Industry
homeland security
security
Cemtrex Inc., an advanced security technology and industrial services company, is set to complete the acquisition of 100% ownership of Vicon Industries, Inc. This strategic move will solidify Cemtrex's position as the sole owner of Vicon Industries, increasing its stake from approximately 93% to 100%. This acquisition aims to complement Cemtrex's core business and strengthen its security technology portfolio to meet the increasing demand for security solutions across various sectors.

Company Info

Company
Cemtrex
Location
Brooklyn, New York, United States
Company info
Cemtrex Inc. (Nasdaq: CETX) is a world-leading diversified industrial and manufacturing company, providing solutions to meet today’s technology challenges.