dormakaba has satisfied the conditions necessary in order to complete the acquisition of Mesker Openings Group, and has closed the transaction effective 12 December 2016. The transaction, which was announced on 8th November 2016, marks the expansion of dormakaba's product portfolio in North America. Doors and all related components essential for access and security solutions for buildings and rooms can be provided from a single source. dormakaba will also be able to expand its distribution network and take advantage of additional sales channels as a result of this acquisition.
dormakaba Group is one of the top three companies in the global market for access and security solutions. With strong brands such as Dorma and Kaba in our portfolio, we are a single source for products, solutions, and services related to doors and secure access to buildings and rooms. With around 16,000 employees and numerous cooperation partners, we are active in over 130 countries. dormakaba Group is headquartered in Rümlang (Zurich / Switzerland) and generates an annual turnover of over CHF 2 billion.
SIX Swiss Exchange: DOKA (formerly: KABN / KABNE)
Further information at www.dormakaba.com
