Locks and Security News: your weekly locks and security industry newsletter
13th January 2021 Issue no. 540
Your industry news - first
We strongly recommend viewing Locks and Security News full size in your web browser. Click our masthead above to visit our website version.
Allegion to acquire Trelock GmbH to become biggest in bike locks in EU
Allegion PLC, owner of among others Kryptonite and AXA Stenman Holding and a leading global security products provider, is taking over Trelock GmbH and related companies. With the Trelock take-over Allegion turns into the biggest supplier of bicycle locks in Europe.
Allegion is a 2 billion company selling security products in almost 130 countries including Kryptonite branded locks. The company took over Dutch locks & light maker AXA Stenman Holding in July 2015. Terms of the transaction were not disclosed.
1st June 2016