M&A Deal Summary

Allegion Acquires SOSS

On October 18, 2024, Allegion acquired building materials company SOSS

Acquisition Highlights
  • This is Allegion’s 10th transaction in the Building Materials sector.
  • This is Allegion’s 9th transaction in the United States.
  • This is Allegion’s 1st transaction in Ohio.

M&A Deal Summary
Date 2024-10-18
Target SOSS
Sector Building Materials
Buyer(s) Allegion
Deal Type Add-on Acquisition

Target

SOSS

Pioneer, Ohio, United States
SOSS is a manufacturer of premium hinges and door hardware, SOSS primarily sells its solutions in North American non-residential markets. The Company invented the concealed hinge; today, it’s signature SOSS Invisible Hinge as well as fire-rated, heavy-duty and other specialty hinges are popular across industrial, commercial, and institutional spaces. SOSS was formed in 1903 and is headquartered in Pioneer, Ohio.

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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 23 of 23
Sector (Building Materials) 10 of 10
Type (Add-on Acquisition) 20 of 20
State (Ohio) 1 of 1
Country (United States) 9 of 9
Year (2024) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-11 Unicel Architectural

Longueuil, Quebec, Canada

Unicel Architectural is a manufacturer of advanced glass, timber and aluminum building solutions that support privacy, safety, energy efficiency and sustainability. The Unicel Architectural portfolio is primarily sold across Canada and the U.S. and installed in healthcare, education, government and other non-residential facilities. Unicel Architectural was formed in 1964 and is headquartered in Longueuil, Quebec.

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