Date: 2014/11/13
Divesting Randi-Denmark to Acquire Minority Stake in Leading German Door Function Manufacturer Underscores Allegion''s Dedication to Growth
DUBLIN, Ireland-(BUSINESS WIRE)- Allegion plc (NYSE: ALLE), a leading global provider of security products and solutions, today announced it has signed a definitive agreement to sell its Denmark-based producer of door levers, Randi, to Eco Schulte GmbH, a family-owned German producer of trim and lock products. In return, Allegion will receive a minority ...
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