Allegion to Acquire Netherlands Security Provider AXA Stenman

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DUBLIN--(BUSINESS WIRE)--Allegion, plc (NYSE: ALLE), a leading global security products and solutions provider, has agreed, through one of its subsidiaries, to acquire AXA Stenman Holding. The transaction is expected to close in the third quarter of this year, subject to regulatory approvals. Founded in 1902, AXA is a leading European-based residential and portable security provider headquartered in Veenendaal, the Netherlands, with production facilities in the Netherlands, France and Poland. A

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