Global safety solutions provider Allegion plc has acquired the business units of Next Door Company, a Miami-based manufacturer of stainless steel and hollow metal doors for industrial, commercial and institutional buildings since 1993, through a subsidiary.
Next Door complements Allegion’s existing range and will be incorporated into the Allegion Americas division under Senior Vice President Dave Ilardi. Owner Justin Schechter will remain on board to support the growth of the merged companies. Both sides emphasise the strategic importance of the acquisition for future expansion.
Smartphones instead of wallets: mobile payments are booming
New EHI figures on cash, cards and online payments Mobile payments are on the rise in Germany. Customers are increasingly turning to their smartphones to pay in retail outlets. This is shown by the new EHI study “Payment Systems in Retail 2026”, which is being...
