Monday 15 October 2018

Riet Cadonau

Dorma and Kaba announce merger

DUBAI, February 1, 2016

Dorma, a global leader in premium access solutions & services, recently joined forces with Kaba, a leading provider of high quality access management solutions.

Dorma+kaba Group has become one of the top three companies in the world for security and access solutions, with total sales of more than EUR 1.9 billion ($2.05 billion) and more than 16,000 employees in about 50 countries.

Customers and partners will benefit from a complementary product portfolio, geographical presence, combined strength across the entire value chain, and a global service organization. The new company looks back on a combined industry-history of over 250 years and will provide a leading access product, solutions and service offering from a single source.

Riet Cadonau, CEO Dorma+kaba Group said:“The merger of Dorma and Kaba is a historic milestone in the history of both companies and benefits all our stakeholders.”

“Both companies share a commitment to develop secure, innovative access solutions for buildings of the future. Now we are one global company that will deliver enhanced, complementary products and services from a single source.

“Our combined innovative strength is another positive factor for partners and customers. Dorma+kaba continues to strive for innovation leadership, and we will continue to invest substantially in research and development so that we can offer our customers optimum solutions with genuine added value,” he added. – TradeArabia News Service

Tags: Dorma |

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