From what ive heard they are merging the Assa and Union brands into 'Assa Abloy Architectural Solutions and Chubb is going to be merged with Mul-t-Lock

They claim that Assa and Union will remain as seperate brands, but it looks like Chubb is going to be swallowed up by Mul-T-Lock. Does anyone else know anything about this?
I may have my facts wrong so please feel free to put me strait

But surely geting rid of the Chubb brand in the UK is marketing stupidity

Cheers
Steve