Allegion

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Allegion
legal form Public Limited Company (PLC)
ISIN IE00BFRT3W74
founding 2013
Seat Dublin , Ireland
management David Petratis (CEO)
Number of employees 10,000 (2017)
sales $ 2.4 billion (2017)
Website www.allegion.com

Allegion PLC is a Dublin based security technology company. Allegion operates internationally, has around 10,000 employees and generates sales of 2 billion US dollars. The company sells its products in around 130 countries worldwide. The company's shares are traded on the New York Stock Exchange and are part of the S&P 500 stock index .

history

The company was founded in 2013 as a spin-off from the Irish conglomerate Ingersoll Rand and has been listed on the NYSE since December 1, 2013 under the symbol "ALL". Allegion includes all of Ingersoll Rand's subsidiaries involved in security and entry control. Some of these companies have roots as far back as the 18th century. The company's oldest patent dates from 1908 and describes an exit door

Products

The company offers solutions in the field of security technology. The company's range of services includes mechanical and electronic security products such as locks in the private and commercial sector, door closers, panic fittings, steel doors and frames, access control systems, workforce management solutions, but also bicycle locks.

Brands

The company's brands include:

  • AD Systems
  • Austral Lock
  • AXA
  • Bricard
  • Brio
  • Briton
  • CISA
  • Dexter by Schlage
  • Falcon
  • FSH
  • Gainsborough
  • Glynn-Johnson
  • Inafer
  • Interflex
  • ISONAS
  • Ives
  • Kryptonite
  • Legge
  • LCN
  • Milre
  • Standard construction
  • QMI
  • Republic Doors & Frames
  • PegaSys
  • Hit
  • Simons Voss Technologies
  • Steelcraft
  • Technical Glass Products (TGP)
  • Trelock
  • From Duprin
  • Zero International

Allegion Ventures

In March 2018, the company founded the Allegion Ventures investment fund. The fund invests in young companies in the security and smart home sectors. The foundation sum was US $ 50 million. Some companies previously invested in were transferred to Allegion Ventures. The following companies are currently part of the program:

  • Conneqtech (GPS tracking)
  • iDevices (SmartHome devices, taken over by Hubbell Inc. in mid-2017 )
  • Nuki (Smart Lock)
  • Yonomi (cloud technology)

Individual evidence

  1. a b Annual Report 2017 , Allegion, accessed on September 25, 2018
  2. Joe Cornell: Ingersoll-Rand (IR) To Spin-Off Allegion On December 1 , Forbes, November 12, 2013, accessed September 26, 2018
  3. Corporate Factsheet. In: www.allegion.com . Allegion PLC., July 2, 2018, accessed October 22, 2018 (English).
  4. Von Duprin - About Us. July 22, 2010, accessed October 24, 2018 .
  5. ^ Exit door - US Patent 1908. In: Google Patents. Retrieved October 22, 2018 .
  6. Allegion Launches $ 50 million corporate venture fund. In: www.allegion.com . Allegion PLC., March 8, 2018, accessed October 19, 2018 .
  7. Our investments. In: www.allegion.com . Allegion PLC., Accessed October 19, 2018 (English).