Home News ARA Security acquires AVI Vaults company

ARA Security acquires AVI Vaults company

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ARA Security has expanded its offerings to include safe deposit boxes and vault storage.

As of August 2018, ARA Security acquired 100% of Australasian Vaulting Industries (AVI), a safe deposit and vault storage business based in Western Sydney.

AVI are experts in designing, building and operating secure storage facilities. Their state-of-the-art, high security vault in Bella Vista is purpose-built for the secure storage of gold and silver bullion, jewellery, heirlooms, Bitcoin, data, important document and other valuable items.

By integrating AVI’s secure storage facility with ARA’s Cash In Transit services, ARA Security can now offer a complete, in-house solution for the secure transport, custody and storage of valuables.

“From a private vault and safe custody perspective, we are the first to market this offering with a uniquely tailored, end-to-end solution”, ARA Security’s Managing Director, Tony Franov, said of the acquisition.

AVI’s Managing Director, Andrew Dalton, was first introduced to the ARA Group when sourcing high security components for the facility from the ARA Products range: “The service was customer-focused, the product was great quality and the staff were very knowledgeable. It made a lasting impression, which stood out from my experiences with other suppliers”, he said. “Joining the ARA Group will enable AVI to explore new opportunities and build upon the significant synergy between the businesses”.

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