dormakaba
#3861
Rank
$2.51B
Marketcap
Switzerland
Country
Mr. Jim-Heng Lee (Chief Exec. Officer)
Mr. Kaspar W. Kelterborn lic. oec. HSG (Interim Chief Financial Officer)
Mathias Mörtl (Chief Operations Officer)
Summary
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
Vision
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
References
Mr. Jim-Heng Lee (Chief Exec. Officer)
Mr. Kaspar W. Kelterborn lic. oec. HSG (Interim Chief Financial Officer)
Mathias Mörtl (Chief Operations Officer)
