Allegion

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Allegion Plc
Public Company
Traded as NYSEALLE
S&P 500 Component
Industry Security, Access control
Founded 1908
Headquarters Dublin, Ireland
Website http://www.allegion.com/

Allegion Plc is a provider of security products and solutions for homes and businesses. It makes 31 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 is headquartered in Dublin, Ireland. Its regional offices for the Americas is in Carmel, Indiana. Its European regional offices are in Faenza, Italy, and the company’s Asia headquarters are in Tower B of City Center of Shanghai in Shanghai, People's Republic of China.[3]

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. 
  3. ^ "Allegion.com: Contact Us". Allegion.com. 

External links[edit]