Allegion finalizes acquisition of leading readers and credentials provider elatec

Dublin--(business wire)--allegion plc (nyse: alle), a leading global security products and solutions provider, through one of its subsidiaries, has completed the acquisition of elatec, including elatec gmbh and other group entities, ("elatec") from summit partners for €330 million on a cash-free, debt-free basis. about allegion at allegion (nyse: alle), we design and manufacture innovative security and access solutions that help keep people safe where they live, learn, work and connect. we're p.
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