Allegion to acquire lemaar, expanding security and accessibility portfolio in australia

Dublin--(business wire)--allegion plc (nyse: alle), a leading global security products and solutions provider, through one of its subsidiaries, has signed a definitive agreement to acquire lemaar australia pty ltd (lemaar), a privately held door hardware company based in victoria, australia. this acquisition is expected to close in the first quarter of 2025, subject to customary closing conditions. founded in 1999, lemaar is well-known in australia for its high-quality security and accessibilit.
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