Allegion plc (ALLE) Acquires Dorcas

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Allegion Acquires Dorcas, Growing International Portfolio of Electro-Mechanical Access Solutions

March 4, 2024 7:00 AM EST

DUBLIN--(BUSINESS WIRE)-- Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, has acquired, through one of its wholly owned subsidiaries, Dorcas (Montajes electronicos Dorcas S.L.).

Dorcas is a leading manufacturer of electro-mechanical access control solutions. The privately held company is based in Siete Aguas (Valencia region), Spain, where it specializes in the production of electric... More