In a move that will strengthen its presence in the Italian marketplace, global wireless fire detection and alarm devices leader, Argus Security, has acquired the assets and core business activities of IBIT Fireline Srl, one of its Italian distributors. With a long history of close collaboration, there are obvious synergies between the two companies, and the acquisition allows Argus to enhance its sales and support offer for its Italian customers, further leveraging the established partnerships between the two companies. Expansion in the Italian market Giorgio Koursaris, Argus General Manager, commented, “Today’s announcement is a major step forward for Argus in the expanding Italian market, with the acquisition of IBIT FireLine bringing us strong customer relationships and networks in Italy.” “Both companies share a technically competent, customer-focused and entrepreneurial culture, and this will be enhanced further as the new combined business focuses on our mission to promote and support the uptake of wireless fire devices in the country." The acquisition of IBIT FireLine has led to the creation of Argus Italy Srl, a 100%-owned subsidiary of Argus The acquisition of IBIT FireLine has led to the creation of Argus Italy Srl, a 100%-owned subsidiary of Argus, which is itself part of Halma plc, a British global group of safety equipment companies that is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. Wireless and wired fire devices Argus offers the widest range of commercial standard wireless and wired fire devices on the market, ranging from optical, multi-criteria, and heat detectors to notification, alarm, interface, and control units. All products, fully certified to EN54, offer the highest performance and quality in the industry and are also fully compliant with all relevant international standards. Wireless detection is a fast-growing segment of the fire market and a key focus of Argus’ strategy by being more directly involved in the conversion of wired fire detection to wireless fire detection through the specification with end-users, system integrators, and specifiers in different parts of the world. Access to fire detection Sandra Petrosino, Business Manager at IBIT FireLine, said, “We’re extremely pleased to have joined the Argus family. The financial strength and credibility of the Argus brand across Italy will help us in developing our business as we will now be able to provide our partners and customers with even greater access to the latest wireless fire detection and alarm solutions. We look forward to working with the Argus team over the coming years.” Italy is a core and high potential market for Argus Security and, with this acquisition, businesses and fire safety experts in the country will benefit from stronger technical and commercial support. Argus Italy will sustain and enhance the quality of the services Argus can provide to customers.
Fire detection and alarm devices company, Argus Security, has appointed Giorgio Koursaris as its new General Manager, with responsibility for both Argus and its UK sister brand, Hyfire. He joins at a pivotal moment for the well-known brand, which is about to embark on a series of new product launches that promise to revolutionize the fire sector. commercial and production operations Giorgio, who holds both Greek and Italian citizenship, will oversee both commercial and production operations for Trieste-based Argus, which is part of Halma plc, the British-based group of life-saving technology companies. He joins after 13 years at Whirlpool Corporation, where he served latterly as General Manager Nordic Countries & Senior Director of Sales Operations for EMEA. Wireless fire devices He said, “I was looking for a new challenge when this opportunity came along, and I am very excited for the future of the Argus and Hyfire brands. With a brand new product range on the launchpad that promises to revolutionize the capabilities and useability of wireless fire devices, it feels like there couldn’t have been a better time to join.” More and more fire installers are coming to appreciate the inherent advantages of wireless fire devices" “With the challenges of COVID-19 and the international repercussions of the Grenfell Tower fire in the UK, more and more fire installers are coming to appreciate the inherent advantages of wireless fire devices, which can be programmed offsite and installed in minutes, thereby reducing costs, reducing the impact on the building’s fabric and minimizing contact with occupants.” EN54 certified products Argus and Hyfire offer the widest range of commercial standard wireless and wired fire devices on the market, ranging from optical, multi-criteria, and heat detectors to notification, alarm, interface, and control units. All products, fully certified to EN54, offer the highest performance and quality in the industry and are also fully compliant with all relevant international standards. Benefits of wireless fire technology With over two decades of experience on his CV, Giorgio, 43, has lived and worked in Greece, Italy, Sweden, and the UK, many of the key markets where Argus and Hyfire do business. A key part of his role will be to promote the key benefits of wireless fire technology, while also leveraging the global influence and reputation of Halma plc to grow sales and ongoing revenues for both brands. New range of wireless devices A recognition that wireless devices are no longer a niche product for heritage buildings and big-box industrial sites" He added, “One of the biggest opportunities for Argus and Hyfire is the growing recognition that wireless devices are no longer a niche product for heritage buildings and big-box industrial sites.” “We need to push the message that wireless is becoming mainstream and will become the first choice for many installers within the next few years. Our new product range is the culmination of two decades of wireless development right here in Trieste, and I’m very excited for the future.” Reliable and innovative Away from the office, Giorgio is a passionate tennis player and skier, which means Trieste will be an ideal location when winter comes, and he’s hoping resorts will reopen for the 2021-22 season. He is also a huge fan of F1 and motor racing, as well as a guitar and piano player. Since being formed in 2000, Argus Security has grown into a leading name in the design and manufacture of specialist fire detection and alarm devices. Since joining under the Halma plc umbrella, Argus and Hyfire have become synonymous with quality, reliability, and innovation in the commercial fire sector. All Argus devices are available for Advanced or Kentec panels and come with a five-year warranty, backed up by a dedicated partner program, to ensure the best survey, installation, commissioning, after-sales service, and exceptional technical support.