Allegion plc Acquires Nova Hardware Pty Ltd (Novas)
June 3, 2025
Allegion plc has acquired Nova Hardware Pty Ltd (Novas), an Australian architectural door hardware business based in Dandenong South, Victoria. Novas founder and owner Todd Foster will join Allegion in an advisory capacity; the transaction excludes Novas' kitchen and bathroom businesses, which the owner will retain as a separate entity. Terms were not disclosed.
- Buyers
- Allegion plc
- Targets
- Nova Hardware Pty Ltd (Novas)
- Sellers
- Todd Foster
- Industry
- Building Products
- Location
- Victoria, Australia
- Transaction Type
- Buyout
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