Brief: Allegion To Acquire ELATEC, Bolstering Electronics Portfolio With Leader In Reader And Credential Technology
12/06/2025 13:48
June 12 (Reuters) - Allegion PLC ALLE.N: ALLEGION TO ACQUIRE ELATEC, BOLSTERING ELECTRONICS PORTFOLIO WITH LEADER IN READER AND CREDENTIAL TECHNOLOGY ALLEGION PLC - DEAL VALUED AT €330 MILLION ALLEGION PLC - ACQUISITION FUNDED THROUGH CASH AND BORROWINGS ALLEGION PLC - GERHARD BURITS, CEO OF ELATEC, TO JOIN ALLEGION Source text: ID:nBw7nk6QWa Further company coverage: ALLE.N ((Reuters.Briefs@thomsonreuters.com;))
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