Norbain knock-on – Samsung Techwin’s general manager speaks out

Norbain SD logoOne of the security suppliers most closely identified in the industry with the Norbain administration, Samsung Techwin, has reacted with news of its own forward strategy in the aftermath.

It was announced on Monday that Norbain had been sold to Newbury Investments in a “pre-pack” administration deal, for an undisclosed sum.

Speaking yesterday, Simon Shawley, general manager for the UK and Ireland, confirmed to SecurityNewsDesk that the company is a “major creditor”.

Commenting on the controversial pre-pack administration agreement that saw Norbain sold to Newbury Investments on June 29, Simon Shawley is both critical and realistic: “The way it’s been done has not been particularly well received by the industry in general and I don’t personally like the tactic.

“We’re waiting to learn the full facts in upcoming meetings with the administrator and ‘new Norbain’. We see this as a new company that we should talk to – we’re not going to cut off our nose to spite our face and will be practical in terms of both dialogue and limiting the damage this does to our business.”

Mr Shawley adds that: “This is good for the staff involved, as it brings some protection and a breathing space for everyone. It’s clearly been very difficult for Norbain over recent years and there is still a question mark over the future for the company’s international operations, so this story has some way to go.”

About Security Buyer

Security Buyer is the leading authority in global security content, delivering expert news, in-depth articles, exclusive interviews, and industry insights across print, digital, and event platforms. Published 10 times a year, the magazine is a trusted resource for professionals seeking updates and analysis on the latest developments in the security sector.

To submit an article, or for sponsorship opportunities, please contact our team below.

Rebecca Spayne picture 2025

Rebecca Spayne

Managing
EDITOR

Georgina Turner image

Georgina Turner

Sales
Manager

Afua Akoto image - Security Buyer

Afua Akoto

Marketing Manager

Read the Latest Issue

Follow us on X

Follow us on X

Click Here

Follow us on LinkedIn

Follow us on LinkedIn

Click Here

Advertise here

Reach decision makers and amplify your marketing

Advertise here

Click Here
Scroll to Top