Milre Systek Co., Ltd. News

Allegion to acquire electronic lock manufacturer Milre Systek

Following the close of the transaction, Milre is expected to operate within Allegion’s Asia Pacific region Allegion, plc, a leading global security products and solutions provider, has agreed, through its subsidiary Allegion Luxembourg Holding & Financing S.à r.l, to acquire Milre Systek Co., Ltd. The transaction is expected to close in the third quarter of this year. Milre is a leading security solutions manufacturer in South Korea, focused on producing high...