Latest news with #Eckersley
Business Wire
03-06-2025
- Business
- Business Wire
Allegion Acquires Novas, Adding Another Premium Brand to High-Quality Australian Door Hardware Portfolio
DUBLIN--(BUSINESS WIRE)-- Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has acquired Nova Hardware Pty Ltd (Novas), an architectural door hardware business based in Victoria, Australia. Founded in 1996, Novas is a trusted brand among developers, architects and builders. Known for its high-quality security portfolio, Novas designs and sells mechanical and electronic locks, door closers and seals, hinges, pulls and levers as well as master keying solutions, primarily in Australian multifamily and commercial markets. Novas is strategically aligned to Allegion's presence in the region, and this acquisition offers both companies expanded opportunities for growth. Novas will report into the Allegion International segment, led by Allegion Senior Vice President Tim Eckersley. 'This acquisition underscores Allegion's commitment to investing in our core and delivering added value for our channel partners, customers and shareholders, alike,' Eckersley said. 'Together, Novas and Allegion will continue building a legacy of strong Australian brands that create exceptional end user experiences while making the world safer and more accessible.' Todd Foster, owner of Novas, will join Allegion in an advisory capacity to facilitate a smooth transition and support accelerated growth for the combined organizations. 'This is an exciting new chapter for the Novas door hardware business,' Foster said. 'Allegion shares our values of innovation, customer focus and operational excellence. With Allegion's resources and global reach, we have an incredible opportunity to scale our business and provide even more meaningful differentiation in our markets.' Terms of the transaction were not disclosed. This transaction excludes the kitchen and bathroom businesses of Novas, which will be retained by the owner and formed as a separate entity. 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
Yahoo
03-06-2025
- Business
- Yahoo
Allegion Acquires Novas, Adding Another Premium Brand to High-Quality Australian Door Hardware Portfolio
DUBLIN, June 03, 2025--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has acquired Nova Hardware Pty Ltd (Novas), an architectural door hardware business based in Victoria, Australia. Founded in 1996, Novas is a trusted brand among developers, architects and builders. Known for its high-quality security portfolio, Novas designs and sells mechanical and electronic locks, door closers and seals, hinges, pulls and levers as well as master keying solutions, primarily in Australian multifamily and commercial markets. Novas is strategically aligned to Allegion's presence in the region, and this acquisition offers both companies expanded opportunities for growth. Novas will report into the Allegion International segment, led by Allegion Senior Vice President Tim Eckersley. "This acquisition underscores Allegion's commitment to investing in our core and delivering added value for our channel partners, customers and shareholders, alike," Eckersley said. "Together, Novas and Allegion will continue building a legacy of strong Australian brands that create exceptional end user experiences while making the world safer and more accessible." Todd Foster, owner of Novas, will join Allegion in an advisory capacity to facilitate a smooth transition and support accelerated growth for the combined organizations. "This is an exciting new chapter for the Novas door hardware business," Foster said. "Allegion shares our values of innovation, customer focus and operational excellence. With Allegion's resources and global reach, we have an incredible opportunity to scale our business and provide even more meaningful differentiation in our markets." Terms of the transaction were not disclosed. This transaction excludes the kitchen and bathroom businesses of Novas, which will be retained by the owner and formed as a separate entity. 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 View source version on Contacts Media Contact: Whitney Moorman – Director, Global Analyst Contact: Jobi Coyle – Director, Investor Josh Pokrzywinski – Vice President, Investor Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Global News
20-05-2025
- Business
- Global News
Albertans scramble to prepare for another possible Canada Post strike
The clock is ticking toward another strike by Canada's 55,000 postal workers. On Monday, the Canadian Union of Postal Workers issued strike notice — meaning they could walk off the job on Friday, May 23 at 12 a.m. local time. It would be the second work stoppage in just over five months after a strike in November and December lasted 32 days before the federal government intervened and the Canadian Industrial Labour Relations Board ordered a temporary end to the strike — extending the collective agreement until May 22, giving the two sides until then to reach a new contract agreement. 1:45 Local businesses prepare for potential Canada Post strike 'My main concern with the postal strike coming up or potentially coming up is it's going to be different than last time,' said Catherine Eckersley, CEO of Valley to Peak Consulting that specializes in providing occupational therapy, help with mobility and other services to seniors and other Albertans who face challenges continuing to live and work in their community. Story continues below advertisement 'I work with a lot of Calgarians and those in the surrounding rural communities — with and without disabilities — and some of them are pretty concerned because obviously being rural and remote it's a lot harder to get supplies and essential medical supplies anyway,' said Eckersley. Get daily National news Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. Sign up for daily National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy Eckersley said the last strike took place leading up to Christmas and the holiday season so everyone was affected — but this time she worries it will affect the people she works with a lot more. 'So these are essential medical supplies — these aren't just Christmas presents or things they saw late at night shopping online. These are things like catheters, essential wound care, respiratory products, things they need in order to just be able to to breathe, to eat, to be able to toilet independently and with dignity and safety and without risking infection or potential other adverse medical effects. 'So it's going to really impact just day to day, essential activities that the rest of us, without these concerns, take for granted.' Her concerns are echoed by James Teague, owner of My Everything Store, that sells things like wheel chairs and other medical equipment online and has it delivered to customers' homes. Teague is already advising his 18,000 customers across Canada to either stock up on necessary medical supplies, or make alternative arrangements for delivery. Story continues below advertisement 'If you're in a rural environment, you know, delivering to PO boxes, Canada Post is the only one that can do that,' said Teague. 'We're telling people, if you are in a rural area, don't use your PO box — send it to a friend's house or send it to a local business that has a brick and mortar store address so we are able to use Purolator of FedEx to get it delivered, and order extra so you got like a little safety stock of your supplies in case … it does take an extra couple weeks.' Teague said after the postal workers returned to the job in December, it still took several months for his business to catch up. The Canadian Federation of Business estimates 79 per cent of the country's small businesses use Canada Post, and the CFIB estimates last year's postal strike cost Canada's small business community more than $1 billion in lost revenue and sales. 2:02 Future of Canada Post murky as postal union issues strike notice
Yahoo
24-04-2025
- Business
- Yahoo
JMG Group expands with triple deal
JMG Group, through its subsidiaries GS Group, Greenwood Moreland and Lighthouse Risk Services, has carried out three acquisitions for an undisclosed sum. JMG Group CEO Nick Houghton emphasised the acquisitions as 'balancing entrepreneurial autonomy with Group-wide support'. GS Group acquired W K Insurance, a Scottish broker with a history spanning more than 40 years. This acquisition brings a team of seven professionals to GS Group, including newly appointed managing director Scott King. King, who succeeds Kevin King in the role, brings multinational experience, including the London market. Kevin said: 'Scott's appointment, along with our integration with GS Group, future-proofs the business. We are pleased to join a wider network while staying committed to delivering excellent client service.' Greenwood Moreland has taken over UKI Direct, a broker based in York, UK, that serves small and medium-sized enterprise clients nationwide. The acquisition sees three broking professionals join Greenwood Moreland, with Ian Donald taking the helm in a planned succession from former owner Mike Howard. This move increases Greenwood Moreland's gross written premium by £2.5m ($3.32m), pushing its total placed premiums to more than £58m across its seven UK sites. Lighthouse Risk Services has acquired TSE Solutions, a Leeds-based company specialising in customised risk management. The acquisition is the culmination of a professional relationship between Lighthouse director Chris Hall and TSE Solutions managing director Antony Eckersley. Eckersley stated: 'This enhances our service offering in the health and safety market. We have long admired Lighthouse's high standards and look forward to strengthening our proposition as part of the Group.' Eckersley will join the Lighthouse team, continuing to serve his existing clientele while also contributing to business development. JMG Group CEO Nick Houghton says: 'These acquisitions reflect the strength of our businesses and their confidence in the support we provide. Each firm has identified and seized growth opportunities that align with their values and ambitions. Our role is to support them – providing infrastructure, financial backing and operational expertise – while enabling them to grow independently and make sound commercial decisions.' Last year, JMG Group, through JM Glendinning North Yorkshire, acquired C P Bennett, a personal and commercial lines insurance broker based in Bridlington. "JMG Group expands with triple deal " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
24-04-2025
- Business
- Yahoo
JMG Group expands with triple deal
JMG Group, through its subsidiaries GS Group, Greenwood Moreland and Lighthouse Risk Services, has carried out three acquisitions for an undisclosed sum. JMG Group CEO Nick Houghton emphasised the acquisitions as 'balancing entrepreneurial autonomy with Group-wide support'. GS Group acquired W K Insurance, a Scottish broker with a history spanning more than 40 years. This acquisition brings a team of seven professionals to GS Group, including newly appointed managing director Scott King. King, who succeeds Kevin King in the role, brings multinational experience, including the London market. Kevin said: 'Scott's appointment, along with our integration with GS Group, future-proofs the business. We are pleased to join a wider network while staying committed to delivering excellent client service.' Greenwood Moreland has taken over UKI Direct, a broker based in York, UK, that serves small and medium-sized enterprise clients nationwide. The acquisition sees three broking professionals join Greenwood Moreland, with Ian Donald taking the helm in a planned succession from former owner Mike Howard. This move increases Greenwood Moreland's gross written premium by £2.5m ($3.32m), pushing its total placed premiums to more than £58m across its seven UK sites. Lighthouse Risk Services has acquired TSE Solutions, a Leeds-based company specialising in customised risk management. The acquisition is the culmination of a professional relationship between Lighthouse director Chris Hall and TSE Solutions managing director Antony Eckersley. Eckersley stated: 'This enhances our service offering in the health and safety market. We have long admired Lighthouse's high standards and look forward to strengthening our proposition as part of the Group.' Eckersley will join the Lighthouse team, continuing to serve his existing clientele while also contributing to business development. JMG Group CEO Nick Houghton says: 'These acquisitions reflect the strength of our businesses and their confidence in the support we provide. Each firm has identified and seized growth opportunities that align with their values and ambitions. Our role is to support them – providing infrastructure, financial backing and operational expertise – while enabling them to grow independently and make sound commercial decisions.' Last year, JMG Group, through JM Glendinning North Yorkshire, acquired C P Bennett, a personal and commercial lines insurance broker based in Bridlington. "JMG Group expands with triple deal " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
