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dormakaba

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dormakaba Holding AG
Company typePublic
SIX: DOKA
ISINCH0011795959 Edit this on Wikidata
IndustrySecurity technology
Founded1862
HeadquartersRümlang, Switzerland
Key people
Riet Cadonau (CEO)
Ulrich Graf[1]
(Chairman, executive)
ProductsAccess control systems and management, cylinders, identification, keys, key cutting machines, locks, lodging products, safes, safe locks, vaults, workforce management
Revenue2.8 billion CHF (2017/2018) [2]
Number of employees
16,000 (2016)
Websitewww.dormakaba.com

dormakaba Holding AG (former Kaba Holding AG) is a global security group based in Rümlang, Switzerland. It employs around 16,000 people in over 50 countries. It formed as the result of a merger between former Kaba and former Dorma in September 2015 and is publicly traded on the SIX Swiss Exchange.[3]

As one of the leading companies in the market for access and security solutions worldwide, dormakaba generated a turnover of CHF 2.8 billion in the financial year 2017/18 (as of June 30, 2018).[4]

dormakaba is divided into five segments globally:

  • Access Solutions AMER (North and South America)
  • Access Solutions APAC (Asia Pacific)
  • Access Solutions DACH (Germany, Austria, Switzerland)
  • Access Solutions EMEA (Europe, Middle East, Africa)
  • Key and Wall Solutions

All products for the market for access and security solutions are combined in the four Access Solutions segments. The Key and Wall Solutions segment comprises business with key blanks and key cutting machines as well as horizontal and vertical partitioning systems and acoustic movable partitions.

History

The dormakaba Group was formed 2015 as a merger between the family-owned German company Dorma and the Swiss Kaba Group. At that point, both companies had a history of over 100 years. The planned merger was announced on April 30, 2015. After competition authorities approved the merger at the end of August 2015, the dormakaba group commenced operations on September 1, 2015[5].

History 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' (maker of cash registers) – '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 (Montreal) in 2001,[6] 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,[7] the US company Computerized Security Systems (CSS) with its well-known Saflok and La Gard brands,[8] 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.[9][10]

In 2011, Kaba sold the business segment Door Automation (Kaba Gilgen AG, formerly Gilgen AG) to the Japanese Nabtesco Group.[11]

In 2015, the company merged with Dorma.[12]

History of Dorma

  • 1908: Foundation of Dörken & Mankel KG in Ennepetal (DE.)
  • 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 (SG)
  • 1987: Safety solutions and emergency exit control systems
  • 2002: New business with mobile partition walls
  • 2013: More than 1 billion euros annual turnover
  • Merger with Kaba

Areas of operation

  • Door hardware
  • Electronic access and data
  • Mechanical key systems
  • Safe locks
  • Lodging systems
  • Interior glass systems
  • Key systems
  • Movable walls

Brands

dormakaba operates with the following brands worldwide:

  • dormakaba
  • Kaba
  • Dorma
  • Dorma Hüppe
  • Silca
  • Ilco
  • Saflok La Gard
  • Legic
  • Best
  • Phi Precision
  • Mesker
  • Kilargo
  • Modernfold
  • Probuck
  • Skyfold

References

  1. ^ "Key People at Kaba Holding AG". Reuters.
  2. ^ "Key Figures of Kaba". Reuters.
  3. ^ "SIX Swiss Exchange - Dormakaba Holding AG". SIX Swiss Exchange.
  4. ^ "Dormakaba Gruppe - Umsatz bis 2017/18 | Statistik". Statista (in German). Retrieved 2019-06-19.
  5. ^ http://www.dorma.com/us/en/news-events/press-releases/09.02.2015-merger-between-dorma-and-kaba-to-form-the-dorma-kaba-group-is-completed.html
  6. ^ "Takeover of Unican Security Systems Ltd". CBC News. December 22, 2000.
  7. ^ "Kaba in China". Bloomberg. November 28, 2008.
  8. ^ "Kaba acquires Computerized Security Systems". AFX News Limited. August 28, 2006.
  9. ^ "Media release - Kaba wins Security Innovation Award" (PDF). Kaba Holding AG. October 9, 2008.
  10. ^ "Kaba gewinnt SECURITY INNOVATION AWARD in Gold". PRESSEBOX. October 7, 2008.[permanent dead link]
  11. ^ "Nabtesco Corporation Acquires Kaba Gilgen AG". Reuters. April 2, 2011.
  12. ^ "Swiss-based Kaba to merge with Germany's Dorma Holding". Reuters. April 30, 2015.
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