Dormakaba News

dormakaba access management products and solutions to be showcased at Intersec Dubai 2017

dormakaba Virtual Design Centre is designed to provide an immersive experience, in a virtual environment dormakaba with over 150 years of experience and millions of installed products and solutions worldwide is participating at Intersec 2017, the largest safety and security event held in the Middle East. The company will be exhibiting its comprehensive and innovative range of access management products, solutions, and services, from a simple mechanical hardware, to physical ac...

Stanley Black & Decker to sell majority of mechanical security businesses to dormakaba for $725 million cash

The sale includes the commercial hardware brands of BEST Access, phi Precision and GMT Stanley Black & Decker, an S&P 500 global diversified industrial company, announced that it has entered into a definitive agreement to sell the majority of its Mechanical Security businesses to dormakaba for $725 million in cash. The sale includes the commercial hardware brands of BEST Access, phi Precision and GMT, which together represented LTM revenues and EBITDA of approximately...