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Allegion spun off from Ingersoll Rand Plc on 1 December 2013, and became a standalone, publicly traded company. This placed Allegion on the S&P 500, where it replaced JC Penney. [6] David D. Petratis was announced chairman of the board, chief executive officer and president of the company, in August 2013. [7]
Allegion, Ingersoll Rand's New Security Spinoff, Names Additional Members of Leadership Team Appointments reflect commitment to operational excellence, superior customer service and innovation ...
Ingersoll Rand Announces Filing of Form 10 Registration Statement for New Security Spinoff; Selects Allegion as Name of the $2 Billion Public Company Five directors committed to Allegion Board of ...
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Ingersoll Rand Inc. is an American multinational company that provides flow creation and industrial products. The company was formed in February 2020 through the spinoff of the industrial segment of Ingersoll-Rand plc (now known as Trane Technologies) and its merger with Gardner Denver. Its products are sold under more than 40 brands across all ...
In August 2014, it was announced that Ingersoll-Rand would acquire the centrifugal compression unit of Cameron International for $850 million. [10] In October 2018, Ingersoll Rand received takeover interest in its power tools business, which was slated to be worth up to $750 million in a potential sale. Power Tools is the oldest business with ...
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