Allegion Acquires Advanced Fire-Rated Glass Products Manufacturer TGP

Allegion Acquires Advanced Fire-Rated Glass Products Manufacturer TGP
Photo source
www.allegion.com
Allegion, plc, a leading global security products and solutions provider, has acquired Technical Glass Products (TGP) through one of its subsidiaries.

Established in 1980, TGP is a leading North American manufacturer of advanced fire-rated entrance and wall systems for institutions and non-residential buildings.

Its product lines include fire-rated glass and frames for doors, entrances and wall systems – a natural extension of Allegion’s core product lines.

Allegion Acquires Advanced Fire-Rated Glass Products Manufacturer TGPTGP’s product brands include the FireLite® family of fire-rated ceramic glass, Pilkington Pyrostop® fire-rated wall panels, Fireframes® family of fire-rated frames and others.

“Bringing TGP – with a leading market position, as well as a solid record of innovation and integrity – into the Allegion family is exciting,” said David D. Petratis, chairman, president and CEO of Allegion.

“TGP’s focus on institutional and non-residential projects provides a strong tie to Allegion’s core business – and, more importantly, TGP will leverage the strength of our existing specification writing capabilities to help accelerate growth. Our complementary solutions will also mutually expand our reach in North American and Middle Eastern markets.”

TGP is expected to operate within the Americas region. Current TGP President Jeff Razwick will continue to lead the business.

Allegion Acquires Advanced Fire-Rated Glass Products Manufacturer TGP“I look forward to helping ensure a smooth integration as TGP joins Allegion,” said Razwick. “We’re happy to be part of a company that has a track record of operational excellence and is known for its demand generation capabilities. Our customers and distributors will benefit from access to the full range of Allegion specialty products, hollow metal doors and frames, in addition to our premium product offering.”

TGP generated approximately $80 million in net sales for the trailing 12 months ended Sept. 30, 2017. The transaction is expected to be accretive to earnings in 2018. Terms of the transaction were not disclosed.

600450 Allegion Acquires Advanced Fire-Rated Glass Products Manufacturer TGP glassonweb.com

Others also read

At one traditional shopping centre at the heart of a Devon town, the solution is architectural – enclosing the previously open-air pedestrianised street with a large glass roof in order to create a space that can be enjoyed all-year-round.
GG Glass has completed the acquisition of Commercial Aluminium Services, a long established West Midlands based company specialising in the manufacture and installation of architectural aluminium and steel shop front entrance solutions.
Senior Architectural Systems is helping specifiers get a handle on selecting the most appropriate door system for their project thanks to its recently extended product range and technical support packages.
Forms+Surfaces: When our California offices moved recently, we found ourselves faced with an exciting task: the design and build-out of a new home for our Design Studio and west coast sales support teams.
NSG Group announced today that Display Division of Technical Glass Strategic Business Unit will change its name to Fine Glass Division, effective April 1, 2019.
The IQ Glass showroom in Amersham is the UK’s largest dedicated architectural glazing showroom.

From industry

Add new comment