Allegion

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Allegion Plc
Type Public Company
Traded as NYSEALLE
Industry Conglomerate
Founded 2013
Headquarters Carmel, Indianapolis, Indiana
Website http://www.allegion.com/

Allegion Plc is a provider of security products and solutions for homes and businesses. It makes 27 global brands including CISA, Interflex, LCN, Schlage and Von Duprin. The $2 billion company employs around 8000 people and sells products in more than 120 countries across the world.

Allegion spun off from Ingersoll Rand Plc on Dec. 1, 2013 and became a standalone, publicly traded company. This placed Allegion on the S&P 500 where it replaced JC Penney.[1]

Mergers and subsidiaries[edit]

On Jan. 8, 2014, Allegion acquired certain assets of Schlage Lock de Colombia S.A., the second largest mechanical lock manufacturer in Colombia with revenues of US $12 million. The acquisition gave Allegion a 45,000-square-foot integrated plant in Bogota, Colombia and approximately 350 new employees.[2]

Locations[edit]

Allegion plc's HQ is in Dublin, Ireland and its corporate center is in Carmel, Indiana. Its European headquarters are in Sint-Stevens-Woluwe, Zaventem, Belgium and the company’s Asia headquarters are in Tower B of City Center of Shanghai in Shanghai, People's Republic of China.

Brands and subsidiaries[edit]

The company's list of brands and subsidiaries include:

References[edit]

  1. ^ Taborek, Nick (22 November 2013). "J.C. Penney Will Be Replaced by Allegion in S&P 500 After Drop". bloomberg.com. Archived from the original on 1 December 2013. Retrieved 19 February 2014. 
  2. ^ "Allegion acquires Schlage Lock de Colombia". Allegion.com. 

External links[edit]