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Dormakaba Group

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Provides security and access solutions

Zurich, SwitzerlandFounded 1862Security
Valuation $2.38B Market cap · 2026
Revenue $2.56B Latest reported FY
EBITDA $365M Latest reported FY

About Dormakaba Group

If you’ve ever walked through an automatic door, used a hotel key card, or turned a modern key in a lock, you’ve likely interacted with technology from Dormakaba Group. This company is a global powerhouse in the access and security industry, shaping how we move through the world, from airports to hospitals to our own front doors. But its story isn’t one of a single startup; it’s the tale of two European family businesses, born a generation apart, that grew to dominate their fields before joining forces. The story starts with two separate but parallel journeys. In Switzerland, Franz Bauer founded a locksmith and cash register factory in Zurich in 1862. His company, initially known as Bauer AG, built a reputation for quality safes and locks. A defining moment came in 1934 when an inventor named Fritz Schori created a revolutionary cylinder lock with a reversible key—a simple convenience we take for granted today. Bauer AG patented the invention and named it "Kaba," a nod to the company's founder, the "Kassenbauer" or "maker of cash registers." This innovation set Kaba on a path of expansion, eventually going public on the Swiss stock exchange in 1995 and growing through strategic acquisitions in North America and Asia. Meanwhile, in Germany, Wilhelm Dörken and his brother-in-law Rudolf Mankel founded Dörken & Mankel KG in 1908. With Dörken managing the business and Mankel focused on the craftsmanship, they started by producing double-action spring hinges for doors. The company registered the brand name Dorma in 1927 and steadily expanded its expertise, entering the door closer market in 1950 and producing its first automatic doors in 1962. Like Kaba, Dorma grew into a global leader in its own right. For over a century, these two giants operated in the same industry, often as competitors. But in 2015, they saw an opportunity to create something bigger. On September 1, 2015, Dorma and Kaba merged to form the Dormakaba Group, instantly creating one of the top three access and security solutions companies in the world. The merger combined Dorma's strength in door hardware and entrance systems with Kaba's expertise in high-security locks and electronic access control. Today, the publicly traded Dormakaba Group is focused on the future of access, investing heavily in smart, connected, and sustainable solutions. From cloud-based access control to mobile key technologies, the company continues to innovate, driven by the same spirit that started in two small European workshops over a century ago.

Source: Dealroom company data

At a glance

Status
Listed
Founded
1862
Headquarters
Zurich, Switzerland
Listing
IPO 1995
Open positions
134
Dealroom signal
27.0/100
Industry
Security
Sub-industry
Public safety
Sector
Identity Management, Security
Business model
Manufacturing
Client focus
b2b
Investment activity
9 companies, latest Aug 2026
Capital deployed
$0
Preferred round
ACQUISITION

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
BUYOUT✓Exit Sep 2026 $2B $2B Undisclosed ↗
IPOExit Jun 2003 $0 — Undisclosed —
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $2.6B -2.7% $365M 14.3% $89M 3.5% $104M
2025 $2.6B +1.2% $360M 13.7% $90M 3.4% $102M
2024 $2.6B -0.4% $278M 10.7% $39M 1.5% $117M
2023 $2.6B +3.3% $294M 11.3% $119M
2022 $2.5B +10.3% $355M 14%
2021 $2.3B -1.6% $319M 13.9%
2020 $2.3B — $293M 12.6%
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Growth signals

Dormakaba Group website traffic

Latest recorded traffic for Dormakaba Group is 340K monthly website visits, up 25.9% over the last three months.

Latest monthly visits340K 3-month web change+25.9%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇭 Switzerland · Zurich HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Dormakaba Group on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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