Allegion (Kryptonite) Taking Over Locks & Lights Maker AXA Stenman

DUBLIN, Ireland - Allegion Plc is taking over Axa Stenman Holding; the Dutch maker of home security products as well as (ring)locks and lights for bikes which the company is selling on an OE and AM basis. Allegion is a US dollar 2 billion company selling security products in almost 130 countries including Kryptonite branded locks.