Martin Yale Industries buys Spanish distributor

17 May 2006 – Wabash (IN): Martin Yale Industries has acquired Barcelona-based Desmar Seguridad, one of Spain’s leading distributors of document shredders.

Daniel Mesmer, COO of Escalade, said in a statement: "The Desmar acquisition extends our direct sales presence into another major European market, enhancing profitability and market position through a direct sales approach. This acquisition represents a continuation of the successful strategy currently employed in the UK and France."