Announced

Completed

Allegion completed the acquisition of Novas.

Synopsis

Allegion, a security and access solutions designer and manufacturer, completed the acquisition of Novas, an architectural door hardware provider. Financial terms were not disclosed. “This is an exciting new chapter for the Novas door hardware business. Allegion shares our values of innovation, customer focus and operational excellence. With Allegion’s resources and global reach, we have an incredible opportunity to scale our business and provide even more meaningful differentiation in our markets,” Todd Foster, Novas Owner.

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