InsightfulValue
← Home
🚀 Sign up Free for Company Insights & Valuation!

Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!

Sign up free  

Allegion
Allegion

Electronics / Security products and access control solutions

At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Company at a Glance

Overview
Allegion is a global security products and solutions company that specializes in door and access control products. The company was founded in 2013, when it separated from its former parent company, Ingersoll Rand. Allegion’s headquarters are located in Dublin, Ireland, and it operates in over 130 countries worldwide.
The company’s mission is to provide customers with safety and security through innovative products and solutions. They offer a wide range of products including mechanical and electronic locks, door closers, exit devices, and access control systems. They also offer a variety of services such as installation, maintenance, and consulting.
Allegion has a strong focus on developing sustainable and environmentally responsible products. They have implemented sustainability practices in their manufacturing processes and use recyclable materials in their products.
The company has a diverse portfolio of brands, including Schlage, Von Duprin, LCN, and Ives, that cater to both commercial and residential markets. They serve a variety of industries, including healthcare, education, government, and hospitality.
Allegion is committed to providing excellent customer service and has a global network of distributors and partners to assist with product availability and support. They also offer training and educational resources for customers and professionals in the industry.
Overall, Allegion is a leading company in the security industry with a strong focus on innovation, sustainability, and customer satisfaction.
What is special about the company?
1. Global Leader in Security Solutions: Allegion is one of the leading providers of security and safety products globally. With a presence in more than 130 countries, the company is dedicated to keeping people safe and secure through its innovative products and solutions.
2. Diverse Portfolio of Brands: Allegion’s portfolio includes well-known brands like Schlage, LCN, CISA, and Von Duprin. These brands offer a wide range of products, including door locks, exit devices, access control systems, and electronic security solutions, catering to the needs of various industries.
3. Innovative Technology: The company is committed to providing innovative solutions to its customers. With a focus on research and development, Allegion consistently introduces new and advanced products that meet the evolving security needs of its clients.
4. Customer-Centric Approach: The company believes in putting its customers first and understands their unique security requirements. It offers personalized solutions and excellent customer service to ensure customer satisfaction.
5. Sustainability and Social Responsibility: Allegion is committed to sustainability and responsible business practices. It has set ambitious sustainability goals, including reducing its environmental impact and promoting diversity and inclusion within its workforce.
6. Strong Partnerships: Allegion has formed strong partnerships with other leading companies and organizations in the security industry, allowing it to offer comprehensive solutions and expand its reach.
7. Focus on Innovation and Growth: The company has a culture of innovation and growth, constantly seeking new opportunities and adapting to changing market conditions. It makes strategic investments in technology, people, and businesses to stay ahead of the curve and maintain its leadership position.
8. Strong Financial Performance: Allegion has consistently recorded strong financial performance, with steady revenue growth and profitability. This stability and financial strength give customers and investors confidence in the company.
9. Commitment to Employee Development: Allegion prioritizes employee development and invests in its workforce. It offers training and development programs, career advancement opportunities, and a diverse and inclusive work environment.
10. Award-Winning Company: Allegion has received numerous awards and recognition for its products, services, and business practices. These accolades showcase the company’s commitment to excellence and highlight its industry-leading position.
What the company's business model?
The Allegion company is a global provider of security products and solutions for homes and businesses. The company’s business model centers on manufacturing and selling a diverse range of security and safety products, including locks, keys, access control systems, door closers, exit devices, and more. Allegion also offers services such as installation, repair, and maintenance of their products. Their target customers include residential and commercial property owners, builders and contractors, government agencies, and security professionals. The company focuses on providing innovative, reliable, and high-quality products to meet the evolving needs of the market. They also invest in research and development to continuously improve and expand their product offerings. Additionally, Allegion has a strong distribution network and partnerships with other companies to reach a broader customer base.
Interesting facts about the company
-Allegion is a global security and safety products company with a history of over 100 years.
-It was originally a part of Ingersoll-Rand, until it became an independent company in 2013.
-The name Allegion comes from a combination of the words allegiance and lion, representing the company’s commitment to protection and strength.
-The company’s products are found in homes, businesses, schools, and other institutions around the world.
-Allegion has over 10,000 employees and operates in more than 130 countries.
-Its products include door and access control solutions, electronic locks, fire safety products, and more.
-The company is a leader in mechanical and electronic security, with well-known brands such as Schlage, Von Duprin, and LCN.
-Allegion has a strong commitment to sustainability and has been recognized for its efforts in environmental responsibility.
-The company has a diverse workforce and is committed to promoting diversity and inclusion in the workplace.
-Allegion sponsors the Allegion Connecting Safety scholarship program, which provides financial assistance to students pursuing degrees in safety-related fields.
-The company also partners with organizations such as Habitat for Humanity and the American Red Cross to support community and disaster relief efforts.
See Company Due Diligence:

Wait! There's more — sign up for free or log in

© 2024 - 2025 InsightfulValue.com. All rights reserved. Legal