Company Profile
Allegion Plc Basic Information, Manufacturing Base, Sales Area, and Its Competitors
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Sr. No. |
Item |
Description |
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1 |
Company Name |
Allegion Plc |
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2 |
Website |
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3 |
Established Date |
2013 |
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4 |
Headquartered |
Dublin, Ireland |
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5 |
Market Position/ History |
Allegion plc was officially formed on December 1, 2013, as a corporate spin-off from Ingersoll Rand. Though the Allegion name is relatively recent, its brand portfolio dates back more than a century. Key brands, such as Schlage (founded in 1920 by Walter Schlage), Von Duprin (inventor of the first panic bar in 1908), and LCN (founded in 1877), are legacy names in the mechanical security hardware industry. The new entity inherited a large collection of trusted brands and global operations from Ingersoll Rand, giving it an immediate foothold in more than 120 countries.To stay competitive in the digital age, Allegion also launched its venture capital arm, Allegion Ventures, in 2018, with the aim of investing in early-stage companies in the smart access, IoT, and PropTech domains. In 2022, Allegion made a major move by acquiring Stanley Access Technologies (from Stanley Black & Decker) for approximately $900 million, significantly expanding its automated entrance and sliding door systems offering. Now, Allegion is a major player in global security, evolving from a legacy of mechanical innovation to become a leader in seamless physical and digital access. |
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Sales Area |
Worldwide |
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8 |
Ticker |
NYSE: ALLE |
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9 |
No. of Employees |
14,400 (December 31, 2024) |
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10 |
Competitors |
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11 |
CEO |
John Stone |
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Ownership Type |
Public |
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Contact Information |
Block D, Iveagh Court, Harcourt Road, Dublin 2, Co. Dublin, Ireland |
Business Segment or Overview
Allegion plc is a global provider of security products and solutions for people and property access. The company became a constituent of the S&P 500 Index and now operates in over 130 countries. Allegion serves a wide range of end markets, including commercial, institutional, and residential sectors. The company operates through two main geographic business segments and a well-diversified product portfolio that balances both mechanical and electronic access technologies.
The company's product portfolio is as follows:
Home Product Segment
Based on the For Home section of Allegion’s product site, the home offerings are categorized into three distinct product types: electronic locks, mechanical locks, and portable security solution.
Electronic Locks
- Smart keyless door hardware compatible with a variety of home décors.
- Enable keypad-based access, Bluetooth/Wi Fi connectivity, and mobile integration.
- Designed for both usability and security, with sleek aesthetics across different finishes.
Mechanical Locks
- Traditional locksets—including levers, latches, knobs, and deadbolts.
- Engineered for durability and security while complementing home design.
- Suitable for single-family homes, apartments, and light residential use.
Portable Security
- Includes portable locks and GPS trackers (e.g., for bicycles, luggage, and travel).
- Lightweight, durable, and easy for consumers to use on the go—ideal for active lifestyles.
Business/Product
Allegion’s Business segment focuses on commercial and institutional security products centered around door openings. The company supplies a comprehensive range of mechanical and electronic hardware, along with architectural door components, designed for applications in schools, healthcare, hospitality, government facilities, office buildings, and multi-family housing.
Mechanical & Electrical Locks
- Heavy-duty mechanical locks: mortise, cylindrical, tubular, and deadbolt options built for high-traffic environments.
- Electronic locks and credentials: smart access control solutions supporting credentials, Bluetooth, or networked control.
Exit Devices & Door Closers
- Panic bars and exit hardware compliant with life safety codes.
- Door closers and holders designed for smooth, controlled door operation and reliable egress compliance.
Steel Doors & Frames
- Architectural-grade doors and steel door frames used in commercial construction, renovation, and retrofits, built for durability and code compliance.
Integrated Access Control Solutions
- While Allegion emphasizes hardware, it supports broader systems integration through smart locks and access control devices that can connect with access platforms—serving as entry points for commercial access control setups.
Product Types Specification
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Product |
Product Description |
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Delayed Egress |
M490DE Delayed Egress Mag Locks Delayed egress electromagnetic lock with 1,300 lb. hold force rating for maximum security applications; install on single or double doors. |
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Direct Pull |
M420/422 Mag Locks Electromagnetic lock with 500 lb. hold force rating for traffic control applications; install on single or double doors. M450/452 Mag Locks Electromagnetic lock with 1,000 lb. hold force rating for high security applications; install on single or double doors. M490/492 Mag Locks Electromagnetic lock with 1,500 lb. hold force rating for high security applications; install on single or double doors. M490G Magnetic Gate Locks Magnetic gate lock with 1,500 lb. hold force rating; install on sliding and swinging gates. 320M Mini Mortise Mount Mag Locks Mini mortise mount with 400 lb. hold force rating for sliding door applications. M390RFK Retrofit Mag Locks Electromagnetic lock with 1,500 lb. hold force rating. Direct retrofit for Locknetics 390+ model; install on single outswinging doors. MG Series The MG Series of surface-mount electromagnetic locks provide a cost-competitive, slim profile and dependable solution for a variety of applications. WMG Series The WMG Series of weather resistant surface mount electromagnetic locks is designed for high profile openings that require a tamper-resistant lock with an aesthetically pleasing appearance. |
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Shear |
GF3000 Surface Mount Mag Locks Shear lock with 3,000 lb. hold force rating for surface mounted inswinging and outswinging doors. GF3000 Mortise Mount Mag Locks Shear lock with 3,000 lb. hold force rating for concealed mortise mounted inswinging and outswinging doors. |
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Swinging Door |
M390RFK Retrofit Mag Locks Electromagnetic lock with 1,500 lb. hold force rating. Direct retrofit for Locknetics 390+ model; install on single outswinging doors
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Recent Developments:
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Year |
Latest News |
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April2, 2025 |
Allegion Acquired Trimco Hardware Allegion plc., a global security products and solutions provider, through its subsidiaries, has acquired privately held Trimco Hardware (Trimco), including its brands and other assets. Trimco is a North American manufacturer of high-performance and custom-designed door hardware primarily sold in the U.S. for commercial and institutional markets. |
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April, 2024 |
Allegion Acquired Dorcas Allegion plc had has acquired, through one of its wholly owned subsidiaries, Dorcas (Montajes electronicos Dorcas S.L.). Dorcas is a leading manufacturer of electro-mechanical access control solutions. |
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Profile Details
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Author Kalyani Raje
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Published 13 Aug 2025
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Last Updated 13 Aug 2025
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Reading Time~5 minutes
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CoverageSWOT, Financials, Key Employees, History
Table of Contents
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- 1.1 About Allegion Plc
- 1.2 Key Facts
- 1.3 Key Employees
- 1.3.1 Key Employee Biographies
- 1.4 History
- 1.5 Locations & Subsidiaries
- 1.5.1 Head Office
- 1.5.2 Other Locations & Subsidiaries
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- 2.1 Company Overview
- 2.2 Business Segments
- 2.3 R&D Overview
- 2.4 Brands
- 2.5 Key Company Statistics
- 2.6 Key Financials (2015–2019)
- 2.7 Share Holder Analysis
- 2.8 Regional Presence
- 2.9 Services Offered
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- 3.1 Strengths
- 3.2 Weaknesses
- 3.3 Opportunities
- 3.4 Threats
- 3.5 Key Competitors
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- 4.1 Company Metrics
- 4.2 Key Investors
- 4.3 Recent Funding & Valuation
- 4.4 Historical Funding & Valuation
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- 5.1 Acquisitions
- 5.2 Partnerships
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- 6.1 Latest News & Announcements
- 6.2 Strategic Initiatives
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- 7.1 Summary of Findings
- 7.2 Strategic Recommendations
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