dormakaba

#3908

Rank

$1.97B

MarketCap CH

CH Switzerland

Country

Summary
dormakaba Holding AG provides access and security solutions worldwide. The company operates through Region Americas, Region Asia Pacific, Region Europe & Africa, and Key & Wall Solutions segments. It offers door hardware products, such as door closer systems, door locks, and escape route systems; and entrance systems, including sliding, revolving, swing doors, as well as sensor barriers and speed and self-boarding gates. The company also provides electronic access and data that include access readers, terminals, electronic fittings, and locking cylinders; mechanical cylinder lock and master key systems; lodging systems comprising electronic door locks, and perimeter and facility readers, as well as mobile access solutions; safe locks; movable walls; and key blanks and key cutting machines under the Silca, Ilco, and Advanced Diagnostics brand names. In addition, it offers maintenance, emergency callout and repair, spare parts, modernization and upgrades, installation, and consulting services. The company offers its products to hotels, shops, sporting venues, airports, hospitals, homes, and offices. dormakaba Holding AG was founded in 1862 and is headquartered in Rumlang, Switzerland.

History

On 30 April 2015, the family-owned German company Dorma and the Swiss Kaba Group announced their planned merger. After competition authorities approved the merger at the end of August 2015, the dormakaba Group commenced operations on 1 September 2015.Both companies have a history of over 100 years.

QWERTYUIOP of Kaba

In 1862, Franz Bauer founded Kaba in Zurich as a locksmith shop and cash register factory. The firm was sold in 1915 to Leo Bodmer, who renamed the company to Bauer AG. When inventor Fritz Schori created the first cylinder lock with reversible key in 1934, Bauer AG patented the invention and named the lock after the firm's founder Franz Bauer, known in German as 'Kassenbauer' – 'Kaba' for short.Over the years, the company gradually expanded its portfolio and established itself throughout Europe. In 1995, Bauer Holding AG was renamed to Kaba Holding AG and the company's shares were listed on the Zurich stock exchange.

With the takeover of Unican Security Systems in 2001, Kaba gained a foothold in North America and added the Silca, Ilco and Kaba Mas brands as part of the merger.

In 2006, the company acquired the Wah Yuet Group in China, the US company Computerized Security Systems with its well-known Saflok and La Gard brands, and the Dutch company H. Cillekens Zn. B.V. In addition, it entered into various joint ventures with the Indian Minda Group.

At Security 2008, Kaba was awarded the «Security Innovation Award» in gold for its newly developed identification technology RCID.In 2011, Kaba sold the business segment Door Automation to the Japanese Nabtesco Group.In 2015, the company merged with Dorma.

QWERTYUIOP of Dorma

1908: Foundation of Dörken & Mankel KG by Wilhelm Dörken and his brother-in-law Rudolf Mankel in Ennepetal

1950: Entry into the door closer business

1962: Production of the first automatic doors

1976: Glass fittings are added to the product range

1978: Production becomes international - first production facility in Singapore

1987: Safety solutions and emergency exit control systems

1999: Acquisition of Groom

2002: New business with mobile partition walls

2013: More than 1 billion euros annual turnover

2015: Merger with Kaba


Mission
dormakaba is committed to providing advanced security and access solutions that enhance safety for our customers. We strive to lead the industry in innovation and use our advanced technologies with the utmost integrity.

Vision
dormakaba is committed to driving the creation of attractive and secure living and working spaces throughout the world. We strive to offer digital protection while emphasizing end-user convenience and ultimate efficiency.

Key Team

Mr. Andreas Haberli (Chief Technology Officer)

Mr. David Ratcliffe (Gen. Counsel)

Mr. Alwin Berninger (Chief Marketing & Products Officer)

Mr. Stefano Zocca (Pres Key & Wall Solutions)

Mr. Markus Stauble (Head of Group Information Technology)

Mr. Kurt Niederhauser (Head of Group Controlling)

Mr. Stephen Bewick (Pres Region Europe & Africa)


Recognition and Awards
dormakaba has received a number of awards in recognition of their innovative products and contributions to the security industry. Among these awards, they have been recognized by the Frost & Sullivan Awards, Global Security Exchange SIA New Product Showcase, and Home Technology Leadership Awards.

References
dormakaba
Leadership team

Mr. Jim-Heng Lee (Chief Exec. Officer)

Mr. Kaspar W. Kelterborn lic. oec. HSG (Interim Chief Financial Officer)

Mathias Mörtl (Chief Operations Officer)

Products/ Services
Security
Number of Employees
1,000 - 20,000
Headquarters
Rumlang, Zurich, Switzerland
Established
1862
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
DOKA.SW
Social Media
Wed Feb 28 2024
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