Allegion (ALLE) said Thursday that it has agreed through a unit to acquire Elatec, a security and access technology manufacturer, from Summit Partners, for 330 million euros ($383.6 million) on a cash-free, debt-free basis.
Allegion said it plans to fund the acquisition, which is slated to be completed in Q3, with cash on hand and borrowings under its revolving credit facility.
Allegion said it expects Elatec to generate 60 million to 65 million euros in net sales in 2026 and to be accretive to 2026 adjusted EPS.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。