dormakaba strengthens project and service business in the Netherlands through acquisition of Van den Berg
Thursday, February 6, 2025
Rümlang, 6 February 2025 – dormakaba has signed an agreement to acquire Montagebedrijf van den Berg B.V. (“Van den Berg”) on 5 February 2025. The acquisition strengthens dormakaba’s airport vertical by adding project and service competencies in the Dutch market. The transaction will be effective from 1 January 2025.
Van den Berg is a well-known company specializing in the maintenance, repair, and new installation of automatic door systems and adjacent products with a high exposure to the airport vertical. With its high level of technical expertise in door solution services, the company is ideal complement to dormakaba’s existing offering in the Dutch market. Founded in 2002, Van den Berg is based in Bunschoten and employs over 20 people.
Till Reuter, CEO dormakaba, says: “I am delighted to welcome our new colleagues from Van den Berg to dormakaba. This acquisition not only strengthens our position in the Dutch market and the airport sector but also underscores our commitment to shifting gears to growth.”
dormakaba expects the transaction to be accretive to Group EPS from day 1. The parties have agreed not to disclose financial details of the transaction.
| Further information for: | |
| Investors | Media |
| Swetlana Iodko Schoordijk | Patrick Lehn |
| Head Investor Relations | Press Officer |
| T: +41 44 818 90 28 | T: +41 44 818 92 86 |
| swetlana.iodko@dormakaba.com | patrick.lehn@dormakaba.com |