Allegion plc, a leading global provider of security products and solutions, recently announced that is has acquired Fire & Security Hardware Pty Limited (FSH), a leading electromechanical locking provider in Australia. The transaction strengthens Allegion's presence in the Australian security market while bringing innovative electromechanical technologies that can be applied globally.
The acquisition of the privately-owned company, which distributes its products primarily through wholesale and systems integrator channels, gives Allegion ownership of the FSH brand and product portfolio, which includes a number of innovative patent-protected electric strikes and latches.
The FSH product range complements Allegion’s existing portfolio of security solutions under the Legge, Schlage, Von Duprin and Briton brands, which will continue to be promoted and available through the current channels. FSH will continue to operate as an independent business from its existing location in Sydney, Australia, and will continue to go to market via its existing distributors.
This acquisition provides Allegion with valuable technologies and know-how to support future product development, and reinforces Allegion’s strategy to grow in strategic markets and technologies via selective mergers and acquisitions and innovation.
Allegion is proud to welcome FSH into the Allegion family and excited by the opportunities that this will bring to the customers and employees of both companies.
For more information on Allegion or the acquisition of FSH, contact Allegion (New Zealand) Limited on 0800 447 869 or visit www.allegion.co.nz