Allegion finalizes acquisition of milre systek

Dublin--(business wire)--allegion, plc (nyse: alle), a leading global security products and solutions provider, has, through one of its subsidiaries, completed the previously announced acquisition of milre systek co., ltd. milre is a leading security solutions manufacturer in south korea, focused on producing high-quality and innovative electronic door locks. the milre suite of products – sold across both retail and commercial distribution channels – includes mortise, rim and locker locks. allegion announced its intent to purchase milre in july. for more information, see the original press release. about allegion™ allegion (nyse: alle) is a global pioneer in safety and security, with leading brands like cisa®, interflex®, lcn®, schlage® and von duprin®. focusing on security around the door and adjacent areas, allegion produces a range of solutions for homes, businesses, schools and other institutions. allegion is a $2 billion company, with products sold in almost 130 countries. for more, visit www.allegion.com.
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