Founded 1908 | ||
Traded as NYSE: ALLES&P 500 Component Stock price ALLE (NYSE) US$ 73.95 0.00 (0.00%)24 Feb, 4:02 PM GMT-5 - Disclaimer CEO David D. Petratis (9 Jul 2013–) Profiles | ||
Allegion celebrates debut as public company following spinoff from ingersoll rand
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.
Contents
- Allegion celebrates debut as public company following spinoff from ingersoll rand
- Mergers and subsidiaries
- Locations
- Brands and subsidiaries
- References
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.
Mergers and subsidiaries
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.
Locations
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.
Brands and subsidiaries
The company's list of brands and subsidiaries include: