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Stock impact report

Allegion (ALLE) Enhances Product Portfolio With Unicel Buyout [Yahoo! Finance]

Allegion plc Ordinary Shares (ALLE) 
Last allegion plc ordinary shares earnings: 4/23 05:50 am Check Earnings Report
US:NYSE Investor Relations: investor.allegion.com
Company Research Source: Yahoo! Finance
Headquartered in Quebec, Canada, Unicel Architectural specializes in producing highly engineered glass, timber and aluminum building solutions. The company's products are sold in education, healthcare, government and other non-residential facilities across the United States and Canada. Acquisition Rationale The latest buyout is in sync with Allegion's policy of acquiring businesses to expand its market share and customer base. The inclusion of Unicel Architectural's expertise in glass and building envelope solutions, coupled with its strong innovation capabilities, will enable Allegion to boost its product portfolio within the non-residential business. It will help ALLE expand its presence in lucrative institutional end markets. Unicel Architectural will be incorporated into Allegion's Americas segment and will be led by its senior vice president, Dave Ilardi. Acquisitions are an essential aspect of ALLE's growth strategy. This month, the company acquired Krieger Specialty Pr Show less Read more
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