
1) Corporate spin-off
Found on
https://www.crosswordclues.com/clue/allegion

Allegion Plc is a provider of security products and solutions for homes and businesses. It makes 27 global brands including CISA, Interflex, LCN, Schlage and Von Duprin. The $2 billion company employs around 8000 people and sells products in more than 120 countries across the world. Allegion spun off from Ingersoll Rand Plc on Dec. 1, 2013 and bec...
Found on
http://en.wikipedia.org/wiki/Allegion
No exact match found.