TMCnet News
Allegion Finalizes Acquisition of AXA StenmanAllegion, plc (NYSE:ALLE), a leading global security products and solutions provider, has, through one of its subsidiaries, completed the previously announced acquisition of AXA Stenman Holding (AXA). Founded in 1902, AXA is a leading European-based residential and portable security provider headquartered in Veenendaal, the Netherlands, with production facilities in the Netherlads, France and Poland. AXA manufactures and sells a branded portfolio of bicycle locks and lights as well as a wide variety of window and door hardware. Allegion announced its intent to purchase AXA in July. For more information, see the original press release. About Allegion™ Allegion (NYSE:ALLE) is a global pioneer in safety and security, with leading brands like CISA®, Interflex®, LCN®, Schlage® and Von Duprin®. Focusing on security around the door and adjacent areas, Allegion produces a range of solutions for homes, businesses, schools and other institutions. Allegion is a $2 billion company, with products sold in almost 130 countries. For more, visit www.allegion.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150901005509/en/ |
