Allegion Finalizes Acquisition of Trelock
Baker & McKenzie advised Allegion plc, a leading global security products and solutions provider, on the acquisition of all shares in the Trelock Group. The Trelock Group is a leading portable safety and security provider in Germany. The corresponding contracts were signed in May 2016; after having been approved by the competition authorities, the transaction has now been completed successfully.
"Yet again we were in the position to support Allegion on legal matters and to thereby help achieve our client's cross border goals. Our accustomed smooth global team-work was a deciding factor for this," comments Dr. Nikolaus Reinhuber, Co-Head of the German Corporate/M&A Practice Group at Baker & McKenzie.
Allegion (NYSE: ALLE) is a global pioneer in safety and security, with leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Focusing on security around the door and adjacent areas, Allegion produces a range of solutions for homes, businesses, schools and other institutions. Allegion is a $2 billion company, with products sold in almost 130 countries.
Trelock is headquartered in Münster, Germany, producing branded bicycle locks, lights and electronic control units. With roots dating back to 1854, Trelock is a leader in the German bicycle market with a strong footprint throughout Europe as well as a presence in Asia.
The Corporate / M&A team of Baker & McKenzie regularly advises on cross-border transactions and restructuring. Most recently , e.g., Baker & McKenzie provided advice to Allegion on the acquisition of SimonsVoss Technologies GmbH from hgCapital, Groupe SEB on the acquisition of the EMSA group, Sulzer AG on the acquisition of the GEKA group from 3i, R Deutsche Beteiligungs AG on its acquisition of a substantial minority interest in mageba AG, ZF Friedrichshafen AG on the acquisition of the industrial gears and wind turbine gearbox business from Bosch Rexroth or Group Le Duff on the acquisition of Kamps.
Legal Advisors to Allegion:
Corporate/M&A: Dr. Nikolaus Reinhuber (Partner, Frankfurt)
Corporate/M&A: Tilman Wink (Senior Counsel, Frankfurt), Matthias Schudlo (Associate, Frankfurt); Valesca Molinari (Associate, Frankfurt)
Tax: Dr. Norbert Mückl (Partner, Munich)
IP: Dr. Benjamin Koch (Partner, München), Philip Schmitz (Associate, Munich)
Employment: Dr. Hagen Köckeritz (Partner, Frankfurt), Dr. Lena Kern (Associate, Frankfurt)
Trade & Commerce: Dr. Johannes Teichmann (Partner, Frankfurt); Antonia Rojahn (Associate, Munich)
Real Estate: Dr. Florian Thamm (Partner, Frankfurt); Dr. Daniel Bork (Associate, Frankfurt)
Public Law: Dr. Julia Pfeil (Associate, Frankfurt)
Antitrust: Dr. Werner Berg (Partner, Brüssel), Sofia Real (Associate, Brussels)
Hong Kong/China: Harold van Kooten (Special Counsel, Hong Kong), Lei Yang (Associate, Beiing)