80 percent

Portion of security value-added distributor Fine Tec now owned by Exclusive Group, a value-added services and technology group that focuses on security. The acquisition marks Exclusive Group's entry into the North American market; it previously only had a presence in Europe, the Middle East and APAC. Terms of the deal were not disclosed, but Exclusive Group said the acquisition of the San Jose, Calif.-based company brings its combined full-year anticipated sales to more than $2 billion. Fine Tec's annual revenues are $230 million.