Allegion Acquires Brisant, Leading UK Provider of Residential Security Hardware
Founded in 2011 and based in Dewsbury, UK, Brisant sells a range of innovative residential security solutions, including mechanical and electronic locks as well as door accessories. Its Ultion brand is renowned for premium high-security lock cylinders and key systems.
Brisant will report into the Allegion International segment, further strengthening Allegion's presence in the region while complementing Allegion UK's non-residential portfolio and its recent acquisition of UAP Limited.
'We are thrilled to welcome the Brisant team to Allegion, further strengthening our European portfolio with yet another leader and innovator in our industry,' said Tim Eckersley, Allegion senior vice president and president of Allegion International. 'Brisant's premium, patented solutions are a natural complement to Allegion UK's best-in-class product and service capabilities.'
Kevin Harvey, managing director of Brisant, will join Allegion with this acquisition, supporting a smooth integration and helping advance Allegion's regional business.
'Joining Allegion is an exciting evolution for Brisant and our customers,' Harvey said. 'Not only are we expanding our strategic partnerships and scale, but we're now part of a global leader in our space that's known for innovating to make the world safer while also driving strategic growth.'
Terms of the transaction were not disclosed.
About Allegion
At Allegion (NYSE: ALLE), we design and manufacture innovative security and access solutions that help keep people safe where they live, learn, work and connect. We're pioneering safety with our strong legacy of leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Our comprehensive portfolio of hardware, software and electronic solutions is sold around the world and spans residential and commercial locks, door closer and exit devices, steel doors and frames, access control and workforce productivity systems. Allegion had $3.8 billion in revenue in 2024. For more, visit www.allegion.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, the company's ability to successfully integrate the acquisition, achieve anticipated strategic and financial benefits from the acquisition, and statements regarding the company's 2025 and future financial performance, the company's business plans and strategy, the company's growth strategy, the company's capital allocation strategy, and the performance of the markets in which the company operates. These forward-looking statements generally are identified by the words 'believe,' 'aim,' 'projected,' 'expect,' 'anticipate,' 'estimate,' 'forecast,' 'outlook,' 'intend,' 'scheduled,' 'targets,' 'strategy,' 'future,' 'opportunity,' 'plan,' 'may,' 'should,' 'will,' 'would,' 'will be,' 'will continue,' 'will likely result' or the negative thereof or variations thereon or similar expressions generally intended to identify forward-looking statements. Forward-looking statements may relate to such matters as projections of revenue, margins, expenses, tax rate and provisions, earnings, cash flows, benefit obligations, dividends, share purchases or other financial items; any statements of the plans, strategies and objectives of management for future operations, including those relating to any statements concerning expected development, performance or market share relating to our products and services; any statements regarding future economic conditions or our performance; any statements regarding pending investigations, claims or disputes; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Undue reliance should not be placed on any forward-looking statements, as these statements are based on the company's currently available information and our current assumptions, expectations and projections about future events. They are subject to future events, risks and uncertainties - many of which are beyond the company's control - as well as potentially inaccurate assumptions, that could cause actual results to differ materially from those in the forward-looking statements. Important factors and other risks that may affect the company's business or that could cause actual results to differ materially are included in filings the company makes with the Securities and Exchange Commission from time to time, including its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q and in its other SEC filings. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions. The company undertakes no obligation to update these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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