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dormakaba Holding AG
/ Key word(s): Agreement
Rümlang, 7 January 2025 – dormakaba has successfully completed the to the local management team with effect from 31 December 2024. The Sub-Saharan African business divested by dormakaba will continue to operate under new ownership and will serve as the exclusive dormakaba partner in the region. To consolidate its Montreal (Canada) based sites dormakaba sold the company's previous manufacturing and engineering site at the end of December 2024. The company continues its business operations from the . The parties involved in each of the completed transactions have agreed not to disclose the financial terms of the transactions. dormakaba continues to successfully execute its strategy and focus on reducing complexity, increasing performance, driving innovation and promoting growth. Download Section
General Disclaimer This communication contains certain forward-looking statements including, but not limited to, those using the words “believes”, “assumes”, “expects” or formulations of a similar kind. Such forward-looking statements reflect the current judgement of the company, involve risks and uncertainties and are made on the basis of assumptions and expectations that the company believes to be reasonable at this time but may prove to be erroneous. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks, uncertainties and other factors outside of the company's and the Group's control which could lead to substantial differences between the actual future results, the financial situation, the development or performance of the company or the Group and those either expressed or implied by such statements. Except as required by applicable law or regulation, the company accepts no obligation to continue to report, update or otherwise review such forward-looking statements or adjust them to new information, or future events or developments.
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| Language: | English |
| Company: | dormakaba Holding AG |
| Hofwisenstrasse 24 | |
| 8153 Rümlang | |
| Switzerland | |
| Phone: | |
| E-mail: | |
| Internet: | |
| ISIN: | CH0011795959 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 2063095 |
| End of News | EQS News Service |
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2063095 07.01.2025 CET/CEST
