Allegion Completes Acquisition of Stanley Black & Decker's Access Technologies Business

July 5, 2022

Allegion plc, through its subsidiaries, completed the previously announced acquisition of Stanley Access Technologies LLC and related automatic entrance solutions assets from Stanley Black & Decker, Inc. for $900 million in cash. The deal expands Allegion’s access, egress, and access control offerings with automatic entrance products plus installation and maintenance services.

Buyers
Allegion plc
Targets
Stanley Access Technologies LLC, assets related to the automatic entrance solutions business (Stanley Black & Decker)
Sellers
Stanley Black & Decker, Inc.
Location
United States
Transaction Type
Buyout

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