Bury-based residential door lock and handle firm UAP Group Limited has been nacquired by Allegion plc, a New York-listed global security products and solutions provider, through one of its subsidiaries.
Allegion is based in Dublin and listed on the New York Stock Exchange.
“Founded in 1996 and based in Bury, England, UAP sells a comprehensive portfolio of residential door hardware,” said Allegion.
“The UAP business brings nearly 200 patents, trademarks and registered designs, with a reputation for innovation that’s highly aligned to Allegion.
“UAP will report into the Allegion International segment, strengthening Allegion’s presence in the region, complementing Allegion UK’s non-residential portfolio there and expanding solutions offered to the companies’ combined customers.”
Tim Eckersley, Allegion senior vice president and president of Allegion International, said: “This is a natural extension of Allegion’s core mechanical portfolio with highly specifiable products that will leverage our existing solutions offerings and capabilities.
“Through our go-to-market alignment, complementary channels and sales expertise, we’ll fuel additional growth for both UAP and Allegion.”
David Jennings, CEO of UAP, will join Allegion to facilitate a smooth transition and support accelerated growth for the combined organizations.
“Bringing together UAP and Allegion adds great value for our joint distribution and customer base,” Jennings said. “We’re broadening our high-quality portfolios and creating meaningful opportunities to innovate together.”
Terms of the transaction were not disclosed.
