Wormald International

The founders of the company were brothers Joseph Dawson Wormald (born 1863) and Henry Percy Wormald (born 1874). Born in Edinburgh, Joseph arrived in Australia in 1889 when brother Sir John Wormald, of the Manchester-based engineering firm, Mather & Platt, sought to distribute the company's Grinnell-licensed sprinklers in that country. In partnership with Stanley Russell, Russell & Wormald was formed to manufacture and import the fire sprinklers, as well as Simplex fire extinguishers and fire doors. With Mr. Russell retiring in 1896 to join Mather & Platt as the country manager of France, Harry (who migrated to in Australia in 1890) joined the company as a sub-manager two years later and was admitted into partnership in 1900, Russell & Wormald becoming Wormald Bros., based in Melbourne.[2]

By May 1949, around 60 years after its establishment, Wormald Bros. became a public company, Wormald Brothers Industries Limited, with head offices in Sydney. As well as their core fire protection department, its other operating divisions included Metalbilt, manufacturing doors - including fire doors - and roller shutters; Steelbilt, manufacturers of storage equipment such as steel cabinets, shelving and cupboards and the license for the manufacture of products from the Kirsch Company - "the world's largest manufacturer of Drapery hardware and Venetian Blinds" A 1952 booklet titled "The Story of Wormald Brothers" listed 18 Wormald, Steelbilt or Kirsch factories in Sydney, Melbourne, Newcastle, Ballarat, Hobart, Brisbane, Adelaide, Perth, Auckland, Wellington and Christchurch - as well as 10 other locations in Australia and New Zealand with 'Resident Representatives' or 'Resident Engineers'.[3]

In 1974, the company, now known as Wormald International Limited, acquired Mather & Platt, whose fire-protection products began Wormald's business nearly a century earlier. In 1990, Wormald International, valued at US$1 billion, was itself purchased by Princeton, New Jersey-based Tyco International - becoming part of its Boca Raton, Florida-based fire protection division that included Grinnell Mechanical Products (the company whose fire sprinklers Mather & Platt had licensed to be distributed by Wormald in 1889).[4]

On 4 December 2015, Tyco International's fire-protection business in Australia (encompassing Wormald, National Fire Solutions, GAAM Emergency Products, Exegard and Simplex Time Solutions) was acquired by New York City-based private equity firm Evergreen Capital, LLC.[1] Evergreen Capital had formed an Australasian business relationship with Tyco, having previously acquired Tyco's fire and security operations in Fiji (including the rights to the Wormald brand there) two years previously and purchasing Armourguard, Tyco's New Zealand security division, for a nominal NZ$1 in 2014.[5] The sale was completed on 29 January 2016. The new owners have returned Wormald to local management, claiming that "the sale presents an exciting opportunity for the Wormald business to return to its roots and benefit from a more flexible, less centralised business structure...with a renewed focus on regional-based decision making to provide our customers with...trusted local service".[6]