DUBLIN--(BUSINESS WIRE)--Allegion, plc (NYSE: ALLE), a leading global security products and solutions provider, has, through one of its subsidiaries, completed the previously announced acquisition of Milre Systek Co., Ltd.
Milre is a leading security solutions manufacturer in South Korea, focused on producing high-quality and innovative electronic door locks. The Milre suite of products sold across both retail and commercial distribution channels includes mortise, rim and locker locks.
Allegion announced its intent to purchase Milre in July. For more information, see the original press release.
Allegion (NYSE: ALLE) is a global pioneer in safety and security, with leading brands like CISA, Interflex, LCN, Schlage and Von Duprin.Focusing on security around the door and adjacent areas, Allegion produces a range of solutions for homes, businesses, schools and other institutions. Allegion is a $2 billion company, with products sold in almost 130 countries.
For more, visit www.allegion.com.
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