Complex sentence: On December 2,2013, Ingersoll Rand completed the spinoff of its Security Hardware sector into a standalone business named Allegion, which maintains well-known commercial and residential security hardware brands such as Schlage, Von Duprin, LCN, and CISA.
Split into simpler sentences: On December 2,2013, Ingersoll Rand completed the spinoff of its Security Hardware sector into a standalone business named Allegion. Allegion maintains well-known commercial and residential security hardware brands such as Schlage, Von Duprin, LCN, and CISA.