Allegion (ALLE) Enhances Product Portfolio With Unicel Buyout
Allegion(ALLE) ZACKS·2024-06-13 00:00
Allegion plc (ALLE) recently completed the acquisition of Unicel Architectural Corp. through one of its subsidiaries. The financial terms of the transaction have been kept under wraps.Headquartered in Quebec, Canada, Unicel Architectural specializes in producing highly engineered glass, timber and aluminum building solutions. The company’s products are sold in education, healthcare, government and other non-residential facilities across the United States and Canada.Acquisition RationaleThe latest buyout is ...