Announced

Allegion to acquire Lemaar.

Synopsis

Allegion, a global security products and solutions provider, agreed to acquire Lemaar, a door hardware company. Financial terms were not disclosed. “Lemaar will enhance Allegion's existing business in Australia and our ability to deliver comprehensive security and accessibility solutions for our customers. Just as important, Lemaar is known for quality, aligning with Allegion’s strong reputation in the industry and with our partners,” Tim Eckersley, Allegion Senior Vice President.

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