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Chubb Security

Chubb Fire & Security is a British, American owned fire and security business. It is owned by American company United Technologies Corporation.

Contents

  • 1 History
  • 2 Operations
  • 3 See also
  • 4 References
  • 5 External links

History[edit]

The company was founded by Charles and Jeremiah Chubb, who patented their Chubb detector lock in 1818. The company won a government competition for a lock which could not be opened other than by its own key.[1]

In 1835, the company produced its first Chubb safe at its factory in Wolverhampton and, in the second half of the 19th century, the company expanded into the United States, and produced a time lock that was fitted to bank vaults across the country.[2] In the 1800s, Chubb gained some important customers such as the Duke of Wellington and the Bank of England.[3]

Over the next one hundred years, the company turned out more than 2.5m locks.[2] After World War II, Chubb expanded its operations in 17 countries. From being a single company manufacturing specialized security products it turned into a broad based group of companies covering not only many aspects of security but fire protection as well.

The company went on to acquire a number of rival firms including Chatwood-Milner Ltd. (1958), Burgot Alarms Ltd and Rely-a-Bell (1962), Read and Campbell Limited (1964), Josiah Parkes and Sons Ltd. (1965) and The Pyrene Company Limited (1967).[4] It was bought by Racal Electronics in August 1984, from which it was demerged in September 1992, before being acquired by Williams Holdings in February 1997.[5] as the latter company sought to build a security focused conglomerate. Chubb was again demerged in July 2000.[2]

In August 2000, Chubb sold Chubb Locks, its lock and safe making unit, to Assa Abloy, and concentrated on security systems such as door access and CCTV systems.[6] In May 2002, Chubb held intensive acquisitions talks with Sweden-based Securitas AB, the world’s biggest security services business. After 18 months of negotiations,[7] the talks were called off on the grounds that the deal would not be “financially attractive” to either company’s shareholders.[8]

In April 2003, Chubb was acquired for £622m by United Technologies Corporation.[9] In March 2007, UTC bought Initial Fire and Security, the security arm of Rentokil Initial and proceeded to merge the business and its assets with Chubb in UTC Climate, Controls & Security. In December 2013, Chubb’s Australian cash in transit business was sold to Prosegur.[10]

Chubb Engineer (2008)

Operations[edit]

Chubb subsidiaries around the world now form an important part of the UTC Climate, Controls & Security Division.

See also[edit]

  • Chubb Fire
  • Chubb Locks
  • Read and Campbell Limited
  • Minimax Limited
  • Rampart Engineering
  • The Pyrene Company Limited

References[edit]

  • ^ A Gazetteer of Lock and Key Makers, A Gazetteer of Lock and Key Makers
  • ^ a b c COMPANIES & FINANCE UK & IRELAND: Chubb’s safe blown wide open but will there be anything left inside?[permanent dead link], Financial Times, Apr 23, 2003
  • ^ The History of Chubb Locks Custodial Services Archived 2008-09-08 at the Wayback Machine, Chubb Locks Custodial
  • ^ “Early Sales/Offices/ChubbGroup/1980s & on”. Chubbarchive.pwp.blueyonder.co.uk. Archived from the original on 2012-07-09. Retrieved 2011-12-21..mw-parser-output cite.citation{font-style:inherit}.mw-parser-output .citation q{quotes:”””””””‘””‘”}.mw-parser-output .citation .cs1-lock-free a{background:url(“//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png”)no-repeat;background-position:right .1em center}.mw-parser-output .citation .cs1-lock-limited a,.mw-parser-output .citation .cs1-lock-registration a{background:url(“//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png”)no-repeat;background-position:right .1em center}.mw-parser-output .citation .cs1-lock-subscription a{background:url(“//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png”)no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-ws-icon a{background:url(“//upload.wikimedia.org/wikipedia/commons/thumb/4/4c/Wikisource-logo.svg/12px-Wikisource-logo.svg.png”)no-repeat;background-position:right .1em center}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-maint{display:none;color:#33aa33;margin-left:0.3em}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}
  • ^ Williams of Britain to buy Chubb Security New York Times, 15 February 1997
  • ^ Troubled Chubb agrees £622m UTC takeover, The Independent
  • ^ Securitas halts Chubb merger, BBC News Online
  • ^ Chubb slips as Securitas calls off acquisition talks, Telegraph.co.uk
  • ^ United Technologies of US is in talks on £1bn takeover of Chubb[permanent dead link], Financial Times, Apr 21, 2003
  • ^ Prosegur Compania de Seguridad SA through subsidiary acquires Chubb Security Services Pty Limited, Reuters, Dec 16, 2013
  • External links[edit]

    • Official site
    • UTC Climate, Controls & Security site
    • Official Website of Chubb Australia
    • Official Website of Chubb Hong Kong
    • Official Website of Chubbsafes Taiwan


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