Company type | Public |
---|---|
ISIN | IE00BFRT3W74 |
Industry | Security, Access control |
Founded | 1908 |
Headquarters | , Ireland |
Revenue | US$3.27 Billion [1] (2022) |
US$0.159 Billion [1] (2022) | |
US$0.458 Billion [1] (2022) | |
Total assets | US$3.991 Billion [1] (2022) |
Total equity | US$0.944 Billion [1] (2022) |
Number of employees | 12,000 [2] (2022) |
Website | allegion |
Footnotes /references [3] |
Allegion plc is an American Irish-domiciled provider of security products for homes and businesses.
Though it comprises thirty-one global brands, including CISA, Interflex, LCN, Schlage and Von Duprin, the company operates through two main sections: Allegion International and Allegion Americas. [4] The company employs around 12,000 people, [2] sells its products in more than 130 countries across the world and in 2022 generated revenues of US$3.27 billion. [1]
Allegion spun off from Ingersoll Rand Plc on 1 December 2013, and became a standalone, publicly traded company. This placed Allegion on the S&P 500, where it replaced JC Penney. [6]
David D. Petratis was announced chairman of the board, chief executive officer and president of the company, in August 2013. [7] As of 2022, John H. Stone became the president and chief executive officer of the company. Petratis remains the chairman of the board until Jan 2, 2023. [8]
The company is managed by President and CEO, John H. Stone. Prior to his appointment as CEO of Allegion, Stone held the position of President within Deere & Company’s Worldwide Construction, Forestry and Power Systems business. [10]
Stone is responsible for the strategic direction of the company alongside an Executive Team comprising 10 members.
Allegion is headquartered in Dublin, Ireland. Its regional offices for the Americas are in Carmel, Indiana, United States. Its European regional offices are in Faenza, Italy, and the company's Asian headquarters are in Tower B of City Center of Shanghai in Shanghai, China. [11]
Production facilities are located in Colombia, Mexico, Europe, the Middle East, Australasia, the U.S. and New Zealand. [12]
As of 2017, Allegion shares are mainly held by institutional investors (T. Rowe Price, Vanguard Group, JPMorgan Chase and others). [13]
In March 2018, the company launched the venture capital fund, Allegion Ventures. The aim is to invest in early stage companies in the sectors security and smart access. The initial funding was $50 million. [14] The following companies are part of the Allegion Ventures Programme: [15]
Allegion manufactures and supplies electronic (including biometric) and mechanical security products to a range of end-users worldwide, including government, healthcare, hospitality, education, commercial, institutional, single and multi-family residential markets. [4] [5]
SABMiller plc was a South African multinational brewing and beverage company headquartered in Woking, England on the outskirts of London until 10 October 2016 when it was acquired by AB InBev. It was the world's second-largest brewer measured by revenues and was also a major bottler of Coca-Cola. Its brands included Foster's, Miller, and Pilsner Urquell. It operated in 80 countries worldwide and in 2009 sold around 21 billion litres of beverages. Since 10 October 2016, SABMiller is a business division of AB InBev, a Belgian multinational corporation with headquarters in Leuven.
Andrea Jung is a Canadian-American executive, non-profit leader, and prominent women's-issues supporter based in New York City. In April 2014, she became president and CEO of Grameen America, a nonprofit microfinance organization founded by Nobel Peace Prize winner, Muhammad Yunus. From 1999 until 2012, she served as the first female CEO and chairman of Avon Products, Inc., a multi-level marketing company. Jung was also the first woman to serve as Chairman of the Cosmetic, Toiletry & Fragrance Association, and Chairman of the World Federation of Direct Selling Associations.
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Weatherford International plc, is an American public limited company, together with its subsidiaries, is a multinational oilfield service company and one of the largest companies in the world in oil services; operationally headquartered in the US with a holding company based in Ireland. Weatherford is a company providing equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells. Many of the company's businesses, including those of predecessor companies, have been operating for more than 50 years.
Docusign, Inc. is an American company headquartered in San Francisco, California, that allows organizations to manage electronic agreements with electronic signatures on different devices. As of 2024, Docusign has about 1.5 million clients in 180 countries. Signatures processed by Docusign are compliant with the US ESIGN Act and the European Union's eIDAS regulation, including EU Advanced and EU, Qualified Signatures.
Trane Technologies plc is an American manufacturing company focused on heating, ventilation, and air conditioning (HVAC) and refrigeration systems. The company traces its corporate history back more than 150 years and was created after a series of mergers and spin-offs. In 2008, HVAC manufacturer Trane was acquired by Ingersoll Rand, a US industrial tools manufacturer. In 2020, the tools business was spun off as Ingersoll Rand and the remaining company was renamed Trane Technologies.
Belden is a global, publicly traded company specializing in the design, manufacture, and distribution of end-to-end networking, security and connectivity products and solutions. The company serves the Industrial Automation Solutions, Smart Buildings and Broadband & 5G markets.
Vivint Smart Home, Inc. is a United States-based smart home company. A subsidiary of NRG Energy, it was founded by Keith Nellesen and Todd Pedersen in 1999. Its products provide a unified access point to manage all smart home features.
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