Trelock will be part of Allegion's Europe, Middle East, India and Africa (EMEIA) region. Acquisitions are an important aspect of Allegion's growth strategy. The security products industry is highly fragmented, particularly in the developing markets, and involves the use of products that employ the latest technologies. Thus, buyouts create numerous opportunities for the acquirers to broaden their product portfolio as well as geographic footprint along with enhancing their position in strategic market segments.