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PITTWAY SELLS BARR DIVISION

 PITTWAY SELLS BARR DIVISION
 CHICAGO, Oct. 20 /PRNewswire/ -- Pittway Corp. (AMEX: PRY) announced


today that it has completed the sale of its Barr Company contract packaging business to a wholly owned subsidiary of CCL Industries, Inc., of Toronto.
 In making the announcement, King Harris, president and CEO of Pittway, stated: "The sale of Barr along with the planned spin-off of the Seaquist packaging group and the recent sale of First Alert/BRK will position Pittway to focus its resources on building its professional burglar and fire alarm systems businesses and its publishing business."
 Pittway is a manufacturer and distributor of professional burglar and fire alarm equipment; a publisher of trade magazines and directories; a real estate developer; and a participant in joint venture real estate developments.
 -0- 10/20/92
 /CONTACT: Paul Gauvreau of Pittway, 312-831-1070/
 (PRY) CO: Pittway Corp.; CCL Industries, Inc. ST: Illinois, Ontario IN: SU:


GK -- NY092 -- 2361 10/20/92 13:43 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Oct 20, 1992
Words:157
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