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Tag: Stanley Access Technologies


Allegion

Suppliers

Allegion releases second-quarter financial results

August 2, 2022SSN Staff

DUBLIN – Allegion recently released its second-quarter financial results, with a healthy stable outlook for the rest of the year. The global provider of security products and solutions posted Q2 2022 net revenues of $773.1 million and net earnings of $115.1 million, or $1.30 per share. Excluding charges related to restructuring, acquisition and integration expenses, debt financing, as well as non-operating investment gains, adjusted net earnings were $121.1 million, or $1.37 per share, up...

Allegion, Allegion Americas, David D. Petratis, Stanley Access Technologies


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Allegion

Suppliers

Allegion completes acquisition of Stanley Access Technologies

July 6, 2022SSN Staff

DUBLIN—Allegion plc, a global security products and solutions provider, has completed the previously announced acquisition of Stanley Access Technologies LLC and assets related to the automatic entrance solutions business from Stanley Black & Decker, Inc. for $900 million in cash. Access Technologies is a manufacturer, installer and service provider of automatic doors in North America, primarily in the United States and Canada. Its diversified customer base centers on non-residential...

Allegion, David D. Petratis, Stanley Access Technologies


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