Allegion has widened its range of products in the security sector with the acquisition of Trelock GmbH, a leading manufacturer of bicycle locks, lights and electronic control units.
With a history dating back to 1854, Trelock, which is headquartered in Münster, Germany, is a leader in the German bicycle market.
It has a strong presence in both Europe and Asia, recording a net revenue of around €20 million in June 2015.
