Ennepetal. The DORMA Group has taken another important step toward the implementation of the DORMA 2020 strategy by acquiring the Canadian company Rutherford Controls Int’l Corp. (RCI) through DORMA Americas. This acquisition extends DORMA’s portfolio of electro-mechanical access control products and systems (compliant with American ANSI standards) while strengthening DORMA’s presence in the North American market. In addition to its headquarters in Cambridge, Ontario (close to Toronto), RCI also has a subsidiary in Virginia, a new warehouse opening in southern California, and boasts a sales network of more than 50 agents across both North and South America.
“The America’s region provides great opportunity for gaining market share based on our ability to offer integrated premium access solutions, and the RCI acquisition represents a big step forward in this regard,” commented Wil van de Wiel, Area President Americas.
RCI President, Eric Gowland, was very positive about the opportunities created from this marriage of two of the most famous family businesses in the industry. “RCI is excited to play a key role in accelerating DORMA’s growth throughout the Americas. Joining forces with DORMA will further enhance both our company’s abilities to dominate our industry as innovative leaders in access control solutions.”
“The Americas Area offers the DORMA Group major growth potential. Our acquisition of RCI is a logical continuation of our solution-led business approach aligned to customer benefit,” stated DORMA CEO Thomas P. Wagner.
Like DORMA, RCI is a family-owned company, and has a long tradition of providing innovative electronic access control solutions to the market. Further, RCI’s culture aligns with DORMA’s values, mission and vision. Just like DORMA, RCI is also a premium supplier in its segment – hence the “RCI” brand will be retained for operation of the business after closing of the deal. The RCI management is also to remain active and involved in leading the business. DORMA has appointed Josh Horvath as Integration Manager and the officer responsible for ensuring the transition and RCI’s smooth entry into the world of DORMA.
With some 50 employees primarily serving the Canadian and US markets, but also supporting rapid growth in South America, the Middle East, and Europe, RCI’s main products are electric strikes and electromagnetic locks.
The acquisition was completed on November 8, 2012, with the RCI workforce officially joining the DORMA Group on November 8, 2012.
DORMA offers high quality as a global partner for premium access solutions and services – conceived and designed to enable better buildings. With more than 100 years of tradition behind it, DORMA has developed in revenue terms into the world market leader in door controls, movable walls and glass fittings and accessories. In the automatics segment too, the company is a member of the world elite. DORMA is also a successful player in the security, time management and access control segment and the number one in Germany for emergency exit control and escape route security systems. DORMA also maintains major production plants in Europe, Singapore, Malaysia, China and North and South America. With an international workforce of around 6,700 employees, the Group realized sales of € 1,001.8 million in fiscal 2011/2012 (June 30). Headquartered in Ennepetal, Germany, the DORMA Group operates on an international scale with companies in more than 50 different countries.