DUBLIN (dpa-AFX) - Allegion plc. (ALLE) announced on Tuesday the acquisition
of Krieger Specialty Products LLC by one of its subsidiaries. The specific terms
of the transaction were not disclosed.

Krieger will now operate under the Allegion Americas segment, overseen by Dave
Ilardi, Senior Vice President at Allegion.

Bob McCluney, CEO of Krieger, will offer advisory support to ensure a seamless
transition as the business integrates into Allegion. The rest of the Krieger
management team and employees will join Allegion Americas' non-residential
division, alongside brands like Steelcraft and Republic Doors.

Krieger is a U.S.-based manufacturer specializing in high-performance doors and
windows for industrial, commercial, and institutional sectors. Their products
cover security, radio frequency, acoustical, forced entry, bullet, blast, and
thermal applications. These solutions are utilized in various facilities such as
data centers, hospitals, government offices, power plants, broadcasting
stations, theaters, museums, and banks.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX