11.06.2024 14:44:27 - dpa-AFX: Allegion Acquires Unicel Architectural
DUBLIN (dpa-AFX) - Allegion plc (ALLE) Tuesday announced the acquisition of
Unicel Architectural Corp., a manufacturer of glass, timber, and aluminum
building solutions based in Quebec, Canada. The financial terms of the deal were
not disclosed.
Following the acquisition, Unicel Architectural will become part of the Allegion
Americas segment, under the leadership of Allegion Senior Vice President Dave
Ilardi.
Additionally, Unicel Architectural's Co-Presidents Samuel Doyon-Bissonnette and
Vincent Couturier will be joining Allegion to oversee the Unicel Architectural
division within Allegion Americas' non-residential sector, ensuring a smooth
transition.
Unicel Architectural products are primarily distributed in Canada and the U.S.,
where they are commonly utilized in healthcare, education, government, and other
non-residential environments.
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