M&A Deal Summary

Allegion Acquires Schlage Lock de Colombia S.A.

On January 8, 2014, Allegion acquired building materials company Schlage Lock de Colombia S.A.

Acquisition Highlights
  • This is Allegion’s 1st transaction in the Building Materials sector.
  • This is Allegion’s 1st transaction in Colombia.

M&A Deal Summary
Date 2014-01-08
Target Schlage Lock de Colombia S.A.
Sector Building Materials
Buyer(s) Allegion
Deal Type Add-on Acquisition

Target

Schlage Lock de Colombia S.A.

Bogota, Colombia
Schlage Lock de Colombia S.A., the second largest mechanical lock manufacturer in Colombia.

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Buyer(S) 1

Buyer

Allegion

Dublin, Ireland
Category Company
Founded 2013
Sector Safety/Security
Employees12,200
Revenue 3.7B USD (2023)
DESCRIPTION

Allegion is a global pioneer in safety and security, with major 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 was founded in 2013 and is based in Dublin, Ireland.

DEAL STATS #
Overall 1 of 23
Sector (Building Materials) 1 of 10
Type (Add-on Acquisition) 1 of 20
Country (Colombia) 1 of 1
Year (2014) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-04 Randi Vertrieb

Munchen, Germany

Randi has been synonymous with high quality architectural hardware in stainless steel and brass, and the company is known as one of the leading suppliers and manufacturer of trim and sanitary appliances in unique Scandinavian design.

Sell -
Mergr

Product

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