Dormakaba

dormakaba Holding AG (trading as dormakaba) is a global security group based in Rümlang, Switzerland, and employs around 16,000 staff in over 60 countries. It formed as the result of a merger between Kaba Group and Dorma in September 2015^[3] and is publicly traded on the SIX Swiss Exchange.^[4]

History

The company was founded in 1862 in Zurich by Franz Bauer as a locksmith shop and cash register factory. The firm was sold in 1915 to Leo Bodmer, who renamed the company to Bauer AG. In 1934, the inventor Fritz Schori created the first cylinder lock with reversible key. 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) – in short 'Kaba'.

Over the years, the company gradually expanded its portfolio and established itself throughout Europe. In 1995, Bauer Holding AG was renamed 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,^[5] 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,^[6] the US company Computerized Security Systems (CSS) with its Saflok and La Gard brands,^[7] and the Dutch company H. Cillekens Zn. B.V. In addition, various joint ventures with the Indian Minda Group were entered.

At Security 2008, Kaba was awarded the “Security Innovation Award” in gold for its newly developed identification technology RCID.^[8][9]

In 2011, Kaba sold the Business Segment Door Automation (Kaba Gilgen AG, formerly Gilgen AG) to the Japanese Nabtesco Group.^[10]

In April 2015, Kaba announced a merger with German-based Dorma Holding. The new company is styled dormakaba and will be operationally based in Rümlang, Switzerland where the headquarters of Kaba Group are located.^[11]

In June 2017, Dormakaba announced their new Quantum^® Pixel electronic door lock at HITEC 2017 which is the world's largest hospitality technology event.^[12]

Areas of operation

The Kaba Group produces components and systems for securing and organizing access as well as for recording enterprise and personnel data. The company operates with four business segments - Access + Data Systems EMEA/AP, Access + Data Systems Americas, Industrial Locks and Key Systems - providing the following groups of products:

• Cylinders and locks
• Keys and key cutting machines
• Access management and control systems
• Workforce management
• Safe Locks
• Safes
• Safe deposit installations
• Lodging products
• Physical access systems
• Identification

References

External links