Schlage Hardware Parent Acquires Large Door Manufacturer In Middle East

Allegion, plc, the parent of Schlage Hardware and a leading global security products and solutions provider, has agreed to acquire Qatar Metal Industries  through one of its EMEIA subsidiary. The transaction is expected to close in the first quarter of 2018, subject to regulatory approvals. Headquartered in the United Arab Emirates, QMI is one of the Middle East’s largest manufacturers of commercial steel and wood doors and frames, with annual sales of $24 million. Allegion said the acquisition matches  ’s core business and specification capabilities, and it provides customers with full-door solutions in the Middle East, including options for pre-installed door sets that are code compliant across multiple markets.

https://www.woodworkingnetwork.com/news/woodworking-industry-news/schlage-hardware-parent-acquires-largest-commercial-door-manufacturer

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