Dorma and Kaba Announce Merger Plans

Hotel Equities (HE) | May 5, 2015

dorma+kaba to become one of the global top 3 companies in the security and access solutions market, with pro-forma sales exceeding CHF 2 billion (EUR 1.9 billion) Leading product and services offering from a single source thanks to complementary portfolios, value chain and geographic footprint in all key markets Excellent growth opportunities and significant synergy potential to create substantial added value for Kaba shareholders; planned special dividend of CHF 50 per share Dorma owner family to increase its entrepreneurial commitment by acquiring 9.1% stake in Kaba and together with Kaba family shareholders to form strong, long-t...