The story
Origins
In 1862, Franz Bauer founded Kaba in Zurich as a locksmith shop and cash register factory. The firm was sold in 1915 to Leo Bodmer, who renamed the company to Bauer AG. When inventor Fritz Schori created the first cylinder lock with reversible key in 1934, 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) – 'Kaba' for short.
In 1908, Dörken & Mankel KG was founded by Wilhelm Dörken and his brother-in-law Rudolf Mankel in Ennepetal. Dörken & Mankel KG was later known as Dorma.
In 1995, Bauer Holding AG was renamed to Kaba Holding AG, and the company's shares were listed on the Zurich stock exchange.
With the takeover of Unican Security Systems in 2001, 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, the US company Computerized Security Systems (CSS) with its well-known Saflok and La Gard brands, and the Dutch company H. Cillekens Zn. B.V. In addition, it entered into various joint ventures with the Indian Minda Group.
In 2011, Kaba sold its Door Automation branch to the Japanese Nabtesco Group.
Merger
On 30 April 2015, the family-owned German company Dorma and the Swiss Kaba Group announced their planned merger. After competition authorities approved the merger at the end of August 2015, the dormakaba Group commenced operations on 1 September 2015.
2015 onwards
Ulrich Graf had served as chairman of the board of directors of Dormakaba, formerly Kaba, since 2006. He did not stand for re-election at the general meeting of October 23, 2018, having announced this decision in October 2017. The board proposed Riet Cadonau, then CEO of the Dormakaba Group, as his successor. If elected, Cadonau was to continue as CEO in parallel for two to three years.
From Wikipedia’s article on Dormakaba, shared under CC BY-SA 4.0.8