Allegion’s acquisition strategy focuses on opportunities that grow our product portfolio, expand the business geographically, and acquire new innovative technologies. It is an intrinsic part of Allegion’s overall strategy.
So why do we look to acquire a company? We want to:
But not every company is the perfect fit for Allegion. We have a robust system that evaluates our pipeline and does an analysis and due diligence on prospective companies. Some key considerations are:
Our process checks integrations regularly, and updates are provided to the Board of Directors. The target return is 12% Return on Invested Capital (ROIC) by year three.
Founded in 1902, AXA is a leading European-based brand manufactured in the Netherlands, France and Poland with a dual focus on residential and bike security. Today, AXA’s range of products for Home Security contains hinges, window stays, window- and doorfittings and access management. The product range for Bike Security contains bicycle locks, lighting products and chainguards and dressguards. AXA products are sold throughout Europe to OEMs, retail distributors and property builders.
Visit the AXA site (English)Brio is a solutions company for the sliding & folding door industry which offers a range of architectural door hardware from tracks & hardware to insect screening for interior, exterior, residential or commercial spaces. Architects recognise Brio as a leading design and manufacturing company, focused on bringing adventurous architectural ideas to life.
Innovation is key to Brio’s success which is why time and effort is spent on R&D to develop and test ground breaking concepts. Brio translates to Energy, Spirit and Vitality: the core values driving Brio to discover new solutions for customers – to be curious beyond the obvious.
Visit the Brio site (English)Milre is a leading security solutions brand in South Korea with a focus on high-quality and innovative digital door locks. We take a customer-first approach, letting us elegantly fit into any retail or commercial application. Milre’s digital door locks, mortise, rim, and locker lock lines are part of the Allegion offering, pairing well with our other leading security brands.
At the core of every Milre product is a drive to be best-in-class. After intensive research and development, our products are more than locks – they are high-class technological masterpieces.
Visit the Milre site (Korean)SimonsVoss aims to make your life and working environment safer, more convenient and more cost-effective. To achieve this aim, we have revolutionised conventional mechanical locking systems using digital technology and integrated access control functions.
Our idea of using a digital transponder instead of a conventional key has spread worldwide. We have consistently and successfully implemented this vision based on our radio-controlled, cable-free locking and access control system. We have installed more than 11,500 systems around the world, expanding our vision into reality.
Visit the SimonsVoss Site (English)Zero® products are category leaders in premium sealing systems, e.g., sound control, fire and smoke protection, and threshold applications. Our products also support green building applications by improving heating and cooling efficiency.
In addition to Zero, sealing system product lines include Intumet™, Advantage Lites and Louvers™, and Ind-Ex™. Zero product lines are part of the Allegion accessories offering, along with the Glynn-Johnson® & Ives®product lines.
Our products are more than just sealants: Zero products give building owners peace of mind.
Visit the Zero site (English)Media:
Doshia Stewart - Vice President, Global Corporate Communications
+1.317.810.3512
Doshia.Stewart@allegion.com
Analysts:
Mike Wagnes - Vice President, Treasury and Investor Relations
+1.317.810.3494
Michael.Wagnes@allegion.com