Stanley Black & Decker Completes Sale of Access Technologies Business to Allegion

InvestorsPress ReleasesEventsPresentationsStock InfoStock ChartHistorical Stock QuoteStock Split HistoryForm 8937Dividend HistoryAnalyst CoverageFinancialsQuarterly ResultsSEC FilingsGovernanceGovernance DocumentsExecutive ManagementBoard of DirectorsCommittee CompositionResourcesOnline Investor KitGlossaryInvestor Email AlertsInvestor ContactsInformation Request Form Skip to main content About Brands Innovation Impact Investors Careers View All News Stanley Black & Decker Completes Sale of Access Technologies Business to Allegion July 5, 2022 NEW BRITAIN, Conn., July 5, 2022 /PRNewswire/ -- Stanley Black & Decker(NYSE: SWK) today announced it has completed the previously announced sale of its automatic doors business, Access Technologies, to Allegion plc (NYSE: ALLE) for $900 million in cash. The after-tax proceeds will support debt reduction and partially funding the $2.3 billion share repurchase completed in the first quarter. This transaction was announced on April 22, 2022. Don Al...