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SENTROL LIFESAFETY COMPLETES ARITECH TENDER OFFER

 PHILADELPHIA, Oct. 15 /PRNewswire/ -- Berwind Industries, Inc. announced today that its wholly owned subsidiary, Sentrol Lifesafety Corporation, has accepted for payment 3,203,386 shares of common stock (representing approximately 93.6 percent of the outstanding shares) of Aritech Corp. (Delaware) (NASDAQ: ARIT) tendered pursuant to Sentrol's $6.25 per share cash tender offer. The Aritech shares tendered in the offer include 291,721 shares tendered subject to notice of guaranteed delivery. The offer expired at midnight, New York City time on Oct. 14.
 Sentrol expects promptly to complete a merger resulting in Aritech's becoming a wholly owned subsidiary and the conversion of those Aritech shares not tendered into the right to receive $6.25 in cash per share.
 -0- 10/15/93
 /CONTACT: Denis P. Conlon of Berwind Industries, Inc., 215-563-2800, or Mark Harnett or Grace Cosachov of MacKenzie Partners, Inc., 212-929-5877/
 (ARIT)


CO: Berwind Industries, Inc.; Sentrol Lifesafety Corporation;
 Aritech Corp. ST: Pennsylvania, Delaware IN: SU: OFR


PS-SH -- NY010 -- 2594 10/15/93 08:43 EDT
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Publication:PR Newswire
Date:Oct 15, 1993
Words:168
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