Allegion Acquires Trimco Hardware, Bolstering Americas Portfolio with Another Market Leader
Allegion (NYSE: ALLE) has acquired Trimco Hardware, a leading North American manufacturer of high-performance and custom-designed door hardware. Trimco, based in Oceanside, California, brings 75 years of experience in producing unique and patented solutions for commercial and institutional markets.
The acquisition enhances Allegion's Americas portfolio with Trimco's premium offerings, including architectural pulls, sliding door hardware, mechanical locks, latches and strikes. Trimco is notable for its Healthy Hardware™ line designed for healthcare, education and restaurant environments, and Identity Hardware™ for branded doorway applications.
Trimco will be integrated into the Allegion Americas segment under Senior Vice President Dave Ilardi. Jason Bennett, Trimco's owner, will join Allegion as general manager to support the transition and growth initiatives. Financial terms of the transaction were not disclosed.
Allegion (NYSE: ALLE) ha acquisito Trimco Hardware, un produttore leader in Nord America di hardware per porte ad alte prestazioni e su misura. Trimco, con sede a Oceanside, California, porta con sé 75 anni di esperienza nella produzione di soluzioni uniche e brevettate per i mercati commerciali e istituzionali.
L'acquisizione arricchisce il portafoglio delle Americhe di Allegion con le offerte premium di Trimco, che includono maniglie architettoniche, hardware per porte scorrevoli, serrature meccaniche, chiusure e scrocchetti. Trimco è nota per la sua linea Healthy Hardware™ progettata per ambienti sanitari, educativi e di ristorazione, e Identity Hardware™ per applicazioni di porte brandizzate.
Trimco sarà integrata nel segmento Allegion Americas sotto la direzione del Vice Presidente Senior Dave Ilardi. Jason Bennett, proprietario di Trimco, entrerà in Allegion come direttore generale per supportare la transizione e le iniziative di crescita. I termini finanziari della transazione non sono stati divulgati.
Allegion (NYSE: ALLE) ha adquirido Trimco Hardware, un fabricante líder en América del Norte de hardware para puertas de alto rendimiento y diseñado a medida. Trimco, con sede en Oceanside, California, aporta 75 años de experiencia en la producción de soluciones únicas y patentadas para los mercados comerciales e institucionales.
La adquisición mejora el portafolio de Allegion en las Américas con las ofertas premium de Trimco, que incluyen tiradores arquitectónicos, hardware para puertas corredizas, cerraduras mecánicas, pestillos y picaportes. Trimco es notable por su línea Healthy Hardware™ diseñada para entornos de salud, educación y restaurantes, y Identity Hardware™ para aplicaciones de puertas de marca.
Trimco se integrará en el segmento Allegion Americas bajo la dirección del Vicepresidente Senior Dave Ilardi. Jason Bennett, propietario de Trimco, se unirá a Allegion como gerente general para apoyar la transición y las iniciativas de crecimiento. Los términos financieros de la transacción no se divulgaron.
Allegion (NYSE: ALLE)이 Trimco Hardware를 인수했습니다. Trimco는 북미의 고성능 및 맞춤형 도어 하드웨어의 선도적인 제조업체입니다. 캘리포니아 오션사이드에 본사를 둔 Trimco는 상업 및 기관 시장을 위한 독창적이고 특허받은 솔루션을 생산한 75년의 경험을 보유하고 있습니다.
이번 인수로 Allegion의 아메리카 포트폴리오가 Trimco의 프리미엄 제품으로 강화되며, 여기에는 건축용 손잡이, 미닫이문 하드웨어, 기계식 잠금장치, 경첩 및 스트라이크가 포함됩니다. Trimco는 의료, 교육 및 레스토랑 환경을 위해 설계된 Healthy Hardware™ 라인과 브랜드 출입구 응용 프로그램을 위한 Identity Hardware™로 유명합니다.
Trimco는 수석 부사장인 Dave Ilardi 아래 Allegion Americas 부문에 통합될 것입니다. Trimco의 소유주인 Jason Bennett는 전환 및 성장 이니셔티브를 지원하기 위해 Allegion에 총괄 관리자 역할로 합류할 것입니다. 거래의 재무 조건은 공개되지 않았습니다.
Allegion (NYSE: ALLE) a acquis Trimco Hardware, un fabricant nord-américain de premier plan d'éléments de porte sur mesure et haute performance. Trimco, basé à Oceanside, Californie, apporte 75 ans d'expérience dans la production de solutions uniques et brevetées pour les marchés commerciaux et institutionnels.
Cette acquisition renforce le portefeuille d'Allegion dans les Amériques avec les offres premium de Trimco, y compris des poignées architecturales, du matériel de porte coulissante, des serrures mécaniques, des verrous et des gâches. Trimco est particulièrement connue pour sa ligne Healthy Hardware™ conçue pour les environnements de santé, d'éducation et de restauration, ainsi que pour Identity Hardware™ pour des applications de portes de marque.
Trimco sera intégré dans le segment Allegion Americas sous la direction du Vice-Président Senior Dave Ilardi. Jason Bennett, propriétaire de Trimco, rejoindra Allegion en tant que directeur général pour soutenir la transition et les initiatives de croissance. Les conditions financières de la transaction n'ont pas été divulguées.
Allegion (NYSE: ALLE) hat Trimco Hardware übernommen, einen führenden Hersteller von Hochleistungs- und maßgeschneidertem Türbeschlag in Nordamerika. Trimco, mit Sitz in Oceanside, Kalifornien, bringt 75 Jahre Erfahrung in der Produktion einzigartiger und patentierter Lösungen für den gewerblichen und institutionellen Markt mit.
Die Übernahme erweitert das Portfolio von Allegion in den Amerikas mit den Premium-Angeboten von Trimco, zu denen architektonische Türdrücker, Schiebetürbeschläge, mechanische Schlösser, Riegel und Schlagbolzen gehören. Trimco ist bekannt für seine Healthy Hardware™-Produktlinie, die für Gesundheits-, Bildungs- und Restaurantumgebungen entwickelt wurde, sowie für Identity Hardware™ für gebrandete Türanwendungen.
Trimco wird in den Allegion Americas-Sektor unter der Leitung von Senior Vice President Dave Ilardi integriert. Jason Bennett, der Eigentümer von Trimco, wird als Geschäftsführer zu Allegion stoßen, um den Übergang und die Wachstumsinitiativen zu unterstützen. Die finanziellen Bedingungen der Transaktion wurden nicht bekannt gegeben.
- Acquisition expands Allegion's product portfolio with premium, specifiable solutions
- Adds 75 years of industry expertise and patented door hardware solutions
- Strengthens presence in commercial and institutional markets
- Retention of key leadership ensures smooth transition
- Financial terms not disclosed, limiting assessment of acquisition value
Insights
Allegion's acquisition of Trimco Hardware represents a strategic expansion of its product portfolio in the commercial door hardware space. This acquisition aligns with Allegion's growth strategy of bolstering its core business through targeted acquisitions of specialized companies with complementary offerings.
The addition of Trimco's high-performance and custom-designed door hardware enhances Allegion's ability to serve commercial and institutional markets with broader specialized solutions. Particularly valuable are Trimco's patented solutions and specialized offerings like Healthy Hardware™ (targeting healthcare, education, and restaurant environments) and Identity Hardware™ (for branded doorway applications).
While financial terms weren't disclosed, this acquisition should strengthen Allegion's competitive position in the Americas segment. The retention of Trimco's owner as general manager suggests a focus on preserving Trimco's operational expertise while leveraging Allegion's broader distribution and market access capabilities.
The commercial and institutional focus of Trimco's products aligns with high-margin, specification-driven market segments that typically yield stronger profitability than residential hardware. This acquisition continues Allegion's pattern of acquiring specialized manufacturers to enhance its product depth and maintain leadership in the fragmented door hardware industry.
Trimco is a leading North American manufacturer of high-performance and custom-designed door hardware primarily sold in the
Trimco will report into the Allegion Americas segment, led by Allegion Senior Vice President Dave Ilardi.
“Allegion’s acquisition of Trimco bolsters our
Jason Bennett, owner of Trimco, will join Allegion as general manager of Trimco to facilitate a smooth transition and support accelerated growth for the combined businesses.
“Becoming part of Allegion is a testament to Trimco’s commitment to operating with excellence and driving value in the markets we serve,” Bennett said. “Allegion is known to share our core values as well as our dedication to innovation and quality. We’ll build together on this legacy to meet the evolving needs of our customers moving forward.”
Terms of the transaction were not disclosed.
About Allegion
At Allegion (NYSE: ALLE), we design and manufacture innovative security and access solutions that help keep people safe where they live, learn, work and connect. We’re pioneering safety with our strong legacy of leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Our comprehensive portfolio of hardware, software and electronic solutions is sold around the world and spans residential and commercial locks, door closer and exit devices, steel doors and frames, access control and workforce productivity systems. Allegion had
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Media Contact:
Whitney Moorman – Director, Global Communications
317-810-3241
Whitney.Moorman@allegion.com
Analyst Contact:
Jobi Coyle – Director, Investor Relations
317-810-3107
Jobi.Coyle@allegion.com
Josh Pokrzywinski – Vice President, Investor Relations
463-210-8595
Joshua.Pokrzywinski@allegion.com
Source: Allegion plc
FAQ
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