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Stock Market & Financial Investment News

News Breaks
April 30, 2014
07:15 EDTALLEAllegion acquires Fire & Security Hardware
Allegion announced that is has acquired Fire & Security Hardware. The company said, "The transaction strengthens Allegionís presence in the Australian security market while bringing innovative electro-mechanical technologies that can be applied globally." The acquisition of the privately-owned company, which distributes its products primarily through wholesale and systems integrator channels, gives Allegion ownership of the FSH brand and product portfolio, which includes a number of innovative patent-protected electric strikes and latches. Allegion will run FSH out of the FSH headquarters in Sydney, Australia and will continue to sell product under the FSH brand. Trev Mackle, managing director of FSH, will stay with Allegion for a transitional period.
News For ALLE From The Last 14 Days
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April 24, 2015
08:45 EDTALLEAllegion to acquire assets of Brio Industries, terms not disclosed
Allegion has signed a definitive agreement to acquire the assets of Brio Industries, a division of RMD Industries. Brio is a designer and manufacturer of sliding and folding door hardware for commercial and residential spaces in Australia, New Zealand, the United Kingdom and the United States. The transaction is expected to close in the second quarter. Terms of the transaction were not disclosed.

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