Home > Iconic Australian fire brand returns to local management

Iconic Australian fire brand returns to local management

Supplier News
article image Andrew Lee, Chief Executive Officer (left) and Chris O’Sullivan, Chief Financial Officer (right), Wormald

Evergreen Capital subsidiary company Wormald International, LLC announces the acquisition of leading Australian fire protection brand Wormald from global fire and security company Tyco.

Wormald now has a new local management team with newly appointed chief executive officer, Andrew Lee commenting that the sale presents an exciting opportunity for the Wormald business to return to its roots as a dedicated fire business and benefit from a less centralised and more flexible business structure.

The new CEO aims to drive the business forward with renewed focus on regional based decision making to provide their customers with the trusted, local service on which Wormald has built its name for more than 125 years in Australia. He added that Wormald was committed to ensuring a smooth transition, with minimal impact on their operations and customers.

Evergreen is a New York based investment firm with two decades of financial, operational and investment experience spanning a broad set of industries, including fire protection, alarm systems, logistics and processing, technical outsourcing, steel fasteners and engineered products, chemicals and plastics, real estate and telecommunications.

In addition to the purchase of Wormald Australia, Evergreen also acquired the National Fire Solutions, GAAM Emergency Products, Exelgard and Simplex Time Solutions businesses from Tyco.

Tyco and Evergreen have a longstanding relationship globally and locally as a result of the sale of Armourguard in New Zealand and the fire and security operations in Fiji two years ago. 

Newsletter sign-up

The latest products and news delivered to your inbox