Kaba news

Future dorma+kaba Group: designated Members of Executive Committee named

Rümlang,

Led by CEO designate Riet Cadonau, the planned Executive Committee of the future dorma+kaba Group now has all but one member in place.

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US Class action from 2010 settled

Rümlang,

The class action filed in the USA at the end of 2010 has now been settled. The settlement proposed by representatives of the plaintiffs and Kaba Group has been approved by the Federal court in Ohio.

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Kaba announces completion of capital increase from authorized capital

Rümlang,

Following shareholder approval of the merger with the Dorma group at the Extraordinary General Meeting on 22 May 2015, Kaba Holding AG has increased its share capital by issuing 380,000 registered shares with a nominal value of CHF 0.10 each from authorized capital.

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Green light from Kaba shareholders for merger with the Dorma group

Rümlang,

The shareholders of Kaba Holding AG today approved all proposals put forward at an Extraordinary General Meeting by a large majority. The key conditions required for the planned merger with the Dorma group have therefore been met.

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Dorma and Kaba announce merger plans

Rümlang,

Kaba and family-owned Dorma, headquartered in Ennepetal (Germany), plan to merge to become dorma+kaba group. dorma+kaba to become one of the top 3 companies in the security and access solutions market with pro-forma sales exceeding CHF 2 billion and around 16,000 staff. Customers and partners will profit from a complimentary product portfolio, value chain and geographic footprint. The new company will provide a leading product and service offering from a single source.

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New brand design launched

Rümlang,

One of the keys to our success in this dynamic industry is a strong, global brand. And it is an essential element for achieving our strategic goal of innovative leadership in our core business. We are currently launching our new brand design. It will strengthen our position and reflects our brand promise: Kaba goes Beyond security – and creates benefits for all of our stakeholders.

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Half-year results as at 31/12/2014: Kaba increases sales and profits

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Kaba Group saw its consolidated sales rise during the period under review, by 14.7% to CHF 551.4 million, with strong organic growth of 9.2%. All four divisions contributed to this excellent result.

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Kaba licences patents for Mobile Access for hotels and other accommodation providers

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Kaba Group and ICEPAT AG today signed a worldwide licensing agreement that allows Kaba Group to develop, produce and operate access solutions for mobile phones in the hotel and temporary accommodation sector, as well as giving it the right to pass on these solutions to customers.

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Kaba installs mobile access technology at The Cromwell in Las Vegas

Rümlang,

Kaba has installed a mobile access system at The Cromwell in Las Vegas. Cloud-based Kaba keys operate in all hotel rooms, allowing guests to open their room doors with their own mobile phone or device as an alternative to a classic RFID card. The use of Bluetooth Low Energy means that Apple iOS smartphones are supported.

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Important move towards settling 2010 class action litigation in the USA

Rümlang,

A proposed settlement has been reached between the representatives of the plaintiffs and Kaba with regards to the 2010 class action litigation in the USA. The court has granted the preliminary motion and a final hearing is scheduled before the end of FY 2014/2015.

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Capital Market Day: Kaba pushes innovation for sustainable, profitable growth

Rümlang,

At today’s Capital Market Day, Kaba Group will be providing in-depth information about its investments in innovation and markets. The event will focus on market developments and product innovation in the Access + Data Systems (ADS) business in general, and the ADS Americas Division in particular.

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Kaba strengthens position in transponder key market

Rümlang,

Kaba Group has acquired Advanced Diagnostics, a specialist in developing programming equipment for the automotive industry.

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Kaba strengthens access control product portfolio in North America

Rümlang,

With the acquisition of Canadian company Keyscan Inc., a recognized specialist in networked access control solutions, Kaba strengthens its product offering in North America.

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