Allegion plc (ALLE) to Acquire Lemaar

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Allegion to Acquire Lemaar, Expanding Security and Accessibility Portfolio in Australia

February 13, 2025 5:00 PM EST

DUBLIN--(BUSINESS WIRE)-- Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has signed a definitive agreement to acquire Lemaar Australia Pty Ltd (Lemaar), a privately held door hardware company based in Victoria, Australia. This acquisition is expected to close in the first quarter of 2025, subject to customary... More