Business Daily Media

SME Business News

Allegion Finalises Acquisition of Australian Residential Door Hardware Leader Gainsborough and API Locksmiths

  • Written by Eli Grynberg

Global industry leader commits to Australian market by strengthening its ability to provide comprehensive solutions to local customers

 

MELBOURNE, AUSTRALIA (July 10, 2018) Allegion, plc, a leading global security products and solutions provider whose brands include Brio, FSH, Legge and Schlage, today completed the acquisition of GWA Group Limited’s Door and Access Systems business in Australia.

 

GWA’s Door and Access Systems business includes renowned Australian brands Gainsborough hardware, Austral locks and API locksmiths.

 

We are proud to bring these iconic Australian brands into the Allegion family,” said Jeff Wood, senior vice president and president of Allegion’s Asia-Pacific region. “This partnership allows us to continue pioneering safety and security in Australia and across the Asia-Pacific region.

Together, we want to go to the next level with Gainsborough and API. Through Allegion’s global scale, innovative technologies and supply chain capabilities, we will further enhance the offerings to our Australian customers.”

Gainsborough is the market-leading residential door hardware brand in Australia, with a portfolio that includes the country’s top entrance door lock, Trilock. API Locksmiths is the commercial market leader for keying, installation and access control services across the country.

 

Wayne Pannell, South Asia vice president said, “Allegion is committed to investing in the future of safety and security in Australia. Over the past five years, we have continued to develop innovative technologies and bring new products to market. With the addition of Gainsborough, Austral and API, we are excited by what the future will bring.”

 

The Door and Access business generated sales of approximately AUD 95 million for calendar year 2017, with 300 employees operating from nine sites around Australia. The business will operate in Allegion’s Asia-Pacific region. Allegion announced its intent to purchase GWA Group Limited’s Door and Access Systems business in May this year.


About Allegion™

Allegion (NYSE: ALLE) is a global pioneer in safety and security, with leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® 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 $2.4 billion company, with products sold in almost 130 countries.

 

For more, visit www.allegion.com

 

Business Daily Media Business Development

How to master your shipping and fulfilment processes to win gold this peak season

Usually lasting from October to January, the peak season is always a long-distance sprint for eCommerce retailers. The 2021 peak season could be the biggest one yet, with online sales ex...

George Plummer, Founder and CEO of Starshipit - avatar George Plummer, Founder and CEO of Starshipit

5 Key Considerations When Outsourcing Technical Support

Many large companies use outsourced technical support as a cost-effective way to handle incoming support requests from their customers. Often, these organizations pick up and drop off th...

Business Daily Media - avatar Business Daily Media

The Cost of Christmas for Australians and around the world

The holiday season is here. Around the world, families are making plans to celebrate the season with unique traditions, once-a-year meals, gifts and more.  In line with this exciting t...

Scott Eddington, APAC Managing Director of WorldRemit - avatar Scott Eddington, APAC Managing Director of WorldRemit

Parliamentary committee to put big tech under the microscope

The Australian Parliament will put big tech under the microscope as it examines toxic material on social media platforms and the dangers this poses to the well-being of Australians.  T...

Scott Morrison - avatar Scott Morrison

Writers Wanted



NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion