&lt;Hawley Group Ltd> said it has agreed to buy &lt;Crime Control Inc> of Indiana for 51.3 mln dlrs cash. Crime control is a security service group that sells installs and services electronic security systems which would expand the coverage of Hawleys &lt;Electro-Protective Corp> unit. Hawley said the acquisition moved it into 12 new market areas including the West and South-West and would create the fourth largest provider of security systems in the U.S. Hawley is a Bermuda-based holding company whose main subsidiary is the U.K. Security home improvements and cleaning operation &lt;Hawley Group Plc>. Earlier this week Hawley launched a 196 mln stg recommended offer for &lt;British Car Auction Group Plc> and last month it said it planned to issue 150 mln dlrs in 15 year convertible redeemable preference shares. It said in a statement that Crime Control reported operating profit of 4.0 mln dlrs in 1986 and had end-year net tangible assets of 4.5 mln dlrs.
HAWLEY BUYS U.S. CRIME CONTROL FOR 51.3 MLN DLRS