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Allegion Acquires Leading UK Security Solutions Provider UAP, Further Expanding Core Mechanical Portfolio

1. Allegion acquired UAP Group, enhancing its security products portfolio. 2. UAP's innovation and patents align well with Allegion's strategy.

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+0.31%Current Return
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+1.09%S&P 500
$165.1308/04 08:52 AM EDTEvent Start
$165.63508/05 03:45 PM EDTLatest Updated
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FAQ

Why Bullish?

The acquisition strengthens ALLE's market position and innovation capabilities. Historically, similar acquisitions have led to stock price increases for security companies.

How important is it?

The acquisition of UAP is significant for ALLE's growth strategy and its future revenue streams reliant on innovative products.

Why Long Term?

The integration of UAP's patented technology will have lasting benefits, potentially improving ALLE's competitive edge over years.

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LOCKDHIRMD
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has acquired UAP Group Limited (UAP), a leading security solutions provider in the UK. Founded in 1996 and based in Bury, England, UAP sells a comprehensive portfolio of residential door hardware. The UAP business brings nearly 200 patents, trademarks and registered designs, with a reputation for innovation that's highly aligned to Allegion. UAP will re.

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