March 2014 - Allegion plc (NYSE: ALLE), a leading global provider of security products and solutions, announced it has signed a definitive agreement to sell its Denmark-based producer of door levers, Randi. The buyer is Eco Schulte GmbH, a family-owned German producer of trim and lock products. In return, Allegion will receive a minority stake in Eco Schulte, forging a mutually beneficial partnership between Allegion and Eco Schulte. The transaction is expected to close early in the second...
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