Dormakaba


dormakaba 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.
As one of the top three companies worldwide in the market for access and security solutions, dormakaba generated a turnover of CHF 2.8 billion in financial year 2018/19.
dormakaba is divided into five segments:
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

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.

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' – '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.

History of Dorma

dormakaba operates with the following brands worldwide: