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dormakaba

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dormakaba Holding AG
Company type
Public
SIX: DOKA
ISINCH0011795959 Edit this on Wikidata
IndustrySecurity technology
Founded1862
FoundersWilhelm Dorken, Rudolf Mankel, Franz Bauer
HeadquartersRümlang, canton of Zürich, Switzerland
Key people
Svein Richard Brandtzæg (Chairman)
[1]
Till Reuter (CEO)
[2]
Productsidentification, keys, key cutting machines, locks, lodging products, safe locks, workforce management
Revenue2.87 billion CHF (2024/2025) [3][4]
Number of employees
15,346 (2024/25) [5]
Websitewww.dormakabagroup.com
KABA key

dormakaba Holding AG (former Kaba Holding AG) is a global security group based in Rümlang, Switzerland, formed as the result of a merger between Kaba and Dorma in September 2015. It is publicly traded on the SIX Swiss Exchange.[6]

History

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Origins

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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.[7]

In 1908, Dörken & Mankel KG was founded by Wilhelm Dörken and his brother-in-law Rudolf Mankel in Ennepetal.[8] Dörken & Mankel KG was later known as Dorma.

In 1995, Bauer Holding AG was renamed to Kaba Holding AG, and the company's shares were listed on the Zurich stock exchange.[citation needed]

With the takeover of Unican Security Systems in 2001,[9] Kaba gained a foothold in North America and added the Silca, Ilco and Kaba Mas brands as part of the merger.[citation needed]

In 2006, the company acquired the Wah Yuet Group in China,[10] the US company Computerized Security Systems (CSS) with its well-known Saflok and La Gard brands,[11] and the Dutch company H. Cillekens Zn. B.V. In addition, it entered into various joint ventures with the Indian Minda Group.[citation needed]

In 2011, Kaba sold its Door Automation branch to the Japanese Nabtesco Group.[12]

Merger

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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.[13][14]

Operations

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A dormakaba RFID key fob.

Since July 1, 2023, dormakaba's organizational structure consists of the global commercial core business Access Solutions and Key & Wall Solutions – supported by Global Functions such as Operations and Innovation. The OEM (Original Equipment Manufacturer) business of the Asia-Pacific region has been moved to Key & Wall Solutions and renamed Key & Wall Solutions and OEM (KWO).

dormakaba's new business model focuses on core markets. These core markets include the five largest Access Solutions[buzzword] markets – Germany, Switzerland, the UK and Ireland, North America and Australia, which together account for 65% of Access Solutions[buzzword] sales – as well as the two fastest-growing markets in China and India.[15]

Brands

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dormakaba operates with the following brands worldwide:

  • Dormakaba
  • Dorma Hüppe
  • Silca
  • Ilco
  • BEST
  • Kilargo
  • Modernfold
  • Probuck
  • Skyfold

References

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  1. ^ "Members of the Board of Directors of dormakaba Group". Archived from the original on 2021-06-16. Retrieved 2021-04-01.
  2. ^ "Till Reuter appointed new CEO of dormakaba". Archived from the original on 2024-03-07. Retrieved 2024-01-01.
  3. ^ "Annual Report 2024/25". Dormakaba. Retrieved 2025-12-15.{{cite news}}: CS1 maint: url-status (link)
  4. ^ "Annual Report 2024/25". Dormakaba Group. 2025-12-15. Retrieved 2025-12-15.{{cite web}}: CS1 maint: url-status (link)
  5. ^ "Annual Report 2024/25". Dormakaba. Retrieved 2025-12-15.{{cite news}}: CS1 maint: url-status (link)
  6. ^ "SIX Swiss Exchange - Dormakaba Holding AG". SIX Swiss Exchange. Archived from the original on 2015-05-25.
  7. ^ Wirtschaft, Finanz und. "Die Person Fritz Schori". Finanz und Wirtschaft (in German). Archived from the original on 2020-07-06. Retrieved 2020-07-06.
  8. ^ Herrmann, Christoph; Günter Möller; Ronald Gleich; Peter Russo (2009). Strategisches Industrieguterdesign. Springer. pp. 68–77. ISBN 9783642001154.
  9. ^ "Takeover of Unican Security Systems Ltd". CBC News. December 22, 2000. Archived from the original on July 8, 2007. Retrieved January 15, 2010.
  10. ^ "Kaba in China". Bloomberg. November 28, 2008.
  11. ^ "Kaba acquires Computerized Security Systems". AFX News Limited. August 28, 2006. Archived from the original on June 4, 2011.
  12. ^ "Nabtesco Corporation Acquires Kaba Gilgen AG". Reuters. April 2, 2011. Archived from the original on January 26, 2013. Retrieved July 1, 2017.
  13. ^ "DORMA News | Merger between DORMA and Kaba to form the dorma+kaba Group is completed". www.dorma.com. Archived from the original on 2015-09-28.
  14. ^ "Five minutes with Riet Cadonau, dorma+kaba Holding". Construction Week Online. 23 May 2016. Archived from the original on 2024-02-20. Retrieved 2020-04-30.
  15. ^ "dormakaba initiates transformation program to strengthen the company for the future". newsroom.dormakaba.com. Archived from the original on 2023-10-01. Retrieved 2022-07-03.
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