Leading global security products and solutions provider Allegion has completed the acquisition of GWA Group Limited’s Door and Access Systems business in Australia. Following the acquisition, Allegion, whose brands include Brio, FSH, Legge and Schlage, has welcomed renowned Australian brands Gainsborough Hardware, Austral Locks and API Locksmiths into the family.
“We are proud to bring these iconic Australian brands into the Allegion family,” said Jeff Wood, senior vice president and president of Allegion’s Asia-Pacific region.
“This partnership allows us to continue pioneering safety and security in Australia and across the Asia-Pacific region.
“Together, we want to go to the next level with Gainsborough and API. Through Allegion’s global scale, innovative technologies and supply chain capabilities, we will further enhance the offerings to our Australian customers.”
A market-leading residential door hardware brand in Australia, Gainsborough’s portfolio includes the country’s top entrance door lock, Trilock. API Locksmiths leads the commercial market for keying, installation and access control services across the country.
Wayne Pannell, South Asia vice president said, “Allegion is committed to investing in the future of safety and security in Australia. Over the past five years, we have continued to develop innovative technologies and bring new products to market. With the addition of Gainsborough, Austral and API, we are excited by what the future will bring.”
The Door and Access Systems business generated sales of approximately AUD 95 million for calendar year 2017, with 300 employees operating from nine sites around Australia. The business will operate in Allegion’s Asia-Pacific region.
