dormakaba Holding

What dormakaba Holding does

dormakaba Holding AG is a Swiss-listed (SIX: DOKA) global provider of smart and secure access solutions, headquartered in Rümlang near Zurich, formed in 2015 from the merger of DORMA (1908, Germany) and Kaba (1862, Switzerland). The company sells an integrated portfolio of door hardware, electronic locks, automatic door systems, safe locks, lodging systems, movable walls, and cloud-based access management software (EntriWorX, launched 2021) through direct enterprise sales, country-level offices, and a distribution network spanning 130+ countries. FY2024/25 net sales were CHF 2.8–2.9 billion, with over 40% of group revenue from door hardware and North America contributing roughly 20%.

The business model combines one-time hardware sales (the largest revenue stream), recurring software and cloud services, installation/maintenance/modernization services, and parts. Pricing is project-based, typically multi-year contracts negotiated directly with enterprise and institutional customers in airports, hospitals, hotels, data centers, commercial real estate, and government. Go-to-market is sales-led: dedicated enterprise account teams cover key verticals while authorized resellers, sales partners, and country websites extend reach into mid-market and residential segments.

Technology is anchored in mechanical engineering heritage (including the foundational 1934 reversible key patent), electronic access control, and increasingly cloud- and mobile-first architectures. Recent acquisitions — any2any (mobile wallet credentials, March 2026), Airsphere (airport passenger management, May 2026), MetaMatic (service/maintenance, December 2025), Avant-Garde Systems (US entrance control, December 2025), Vintech (Australian hospitality, February 2026), and a strategic minority investment in SwiftConnect (February 2026) — extend the platform into software, recurring services, and the North American market. The S4G (Shape4Growth) transformation program, initiated in 2023, is shifting the revenue mix toward higher-margin digital and service offerings, with a stated mid-term target of 3–5% organic sales growth and a 16–18% adjusted EBITDA margin.

Name

dormakaba Holding

Legal name

dormakaba International Holding AG

Website

https://www.dormakabagroup.com/en

Company type

Public

Founded year

1862

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

dormakaba Holding is a Swiss-listed global access solutions provider offering integrated hardware, software, and services — door hardware, electronic locks, automatic doors, cloud-based access management, and airport passenger systems — to enterprise and institutional customers across 130+ countries.

Ownership category

akta.pro rank

Product category

Access Solutions / Security Hardware

NAICS

Security Systems Services (except Locksmiths) (561621), Computer Systems Design and Related Services (5415), Computer Systems Design Services (541512)

SIC

Services-Computer Integrated Systems Design (7373), Computer Communications Equipment (3576)

akta.pro primary industry

Commercial-Grade Access for Small Businesses (Light Commercial Entry Systems) (HSAHAEAK)

akta.pro secondary industries

Multi-Family & Property Management Access Solutions (Common Area & Unit Access) (HSAHAEAE), Integration Services (Smart Home Hubs, Voice Assistants, Alarm & Video) (HSAHAEAH), Multi-Unit Residential (MDU) Video Entry & Directory Systems (HSAHAIAF), Smart Building Interoperability & Protocol Services (BACnet/Modbus/KNX Gateways) (BPABAGAM)

Keywords

• Access control systems
• Door hardware solutions
• Electronic locking systems
• Automatic door systems
• Cloud access management

Headquarters

HQ city

Rumlang

HQ country

Switzerland

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Hardware Products: One-time sale of physical access products including door hardware, electronic access systems, automatic door systems, safe locks, lodging systems, and mechanical key systems. Hardware sales represent the largest share of revenue, with over 40% of group sales from door hardware alone.
2. Software and Cloud Services: Recurring revenue from cloud-based access management platforms, mobile credentials, and software subscriptions. The company is strategically shifting revenue mix toward higher-margin digital offerings, including recurring service contracts for digital access management.
3. Services (Installation, Maintenance, Modernization): Services including installation, maintenance, modernization, and repair of automatic entrance systems and access solutions. Strengthened through acquisitions such as MetaMatic (Germany) for service business growth.
4. Parts and Components: Replacement parts, spare components, and consumables for installed access systems, generating ongoing revenue from the installed base.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

dormakaba designs, manufactures, and integrates smart and secure access solutions combining door hardware, electronic locks, automatic door systems, safe locks, lodging systems, and movable walls with cloud-based access management software, mobile credentials, and installation/maintenance services. It sells integrated access ecosystems to commercial, institutional, hospitality, airport, healthcare, and government customers through direct enterprise sales and a global distribution network spanning more than 130 countries.

Product overview

dormakaba is a comprehensive access and security solutions provider offering an integrated portfolio combining hardware, software, and services. The product portfolio spans mechanical locks and door hardware (generating over 40% of revenue), electronic access control systems, cloud-based access management platforms (launched 2016), and the EntriWorX ecosystem (launched 2021). Recent additions through acquisition include Airsphere passenger management software for airports (250+ deployments), Vintech hospitality access solutions, and any2any mobile wallet credentials. The offering also includes safe locks (Axessor Apexx IP), automatic door systems with MotionIQ technology, lodging systems for hotels, and the new standardized terminal generation platform. The company serves diverse verticals including airports, data centers, healthcare, hospitality, offices, and multi-housing through products ranging from mechanical hardware to AI-enhanced cloud-managed access control.

Differentiator

Problem solved

Functional benefit

Brands

• EntriWorX: Integrated ecosystem platform for access management launched in 2021
• MotionIQ
• Airsphere
• revy
• Axessor Apexx IP

Products and services

• Axessor Apexx IP Electronic Safe Lock Networked electronic safe lock platform that enables remote and secure management of a fleet of locks. Features Power over Ethernet (POE) connectivity with battery backup, individual access codes, and real-time audit reports. Target customers include financial institutions such as credit unions and banks.
• EntriWorX Ecosystem Integrated ecosystem platform that connects planning, management, and maintenance of access across building lifecycles, unifying hardware, software, and services for enterprise customers.
• Cloud-based Access Solutions Cloud-based access management platform that enables centralized remote management and monitoring of access control across multiple enterprise locations, supporting a recurring service revenue model.
• Door Hardware Mechanical and electronic door hardware portfolio including locks, handles, closers, and hinges, generating over 40% of group revenue and serving commercial, institutional, and residential customers.
• Electronic Access & Data Systems Electronic access control systems that manage and monitor entry to facilities, forming part of dormakaba's integrated access portfolio alongside mechanical key systems and door hardware.
• Automatic Door Systems Automatic entrance systems including sliding, swing, and revolving doors, featuring MotionIQ sensor-controlled technology that reduces air exchange and energy consumption for building heating and cooling.
• Lodging Systems Hospitality access solutions including electronic hotel locks, key cards, and integrated property management system connections used by hotels, resorts, and cruise operators.
• revy Mechanical Locking System Mechanical locking system recognized with the 2026 German Innovation Award for innovative mechanical access technology used across commercial and residential applications.
• Apexx Strato Keyless ATM Lock Keyless lock solution designed to strengthen ATM security by replacing physical keys in financial automation equipment, targeting banks and ATM operators.
• Airsphere eGate Passenger Management Software Passenger management software for airports that automates passenger processes, airport logistics, and critical infrastructure security. Deployed in more than 8,000 eGates at 250+ airports worldwide and processes over 1 billion passengers annually.
• Vintech Hospitality Access Solutions Electronic access solutions for hospitality properties in Australia, built on Vintech's 30+ years of sector expertise and integrated with dormakaba's global hospitality business.
• any2any Mobile Wallet Credentials Mobile wallet credential software that enables access control via smartphone, supporting mobile-first credential environments and integrating with dormakaba's electronic access systems.
• New Terminal Generation Platform Standardized access control hardware terminal platform representing the first product built on dormakaba's Group-wide platform strategy for unified product architecture.
• Movable Walls Space division solutions including partition walls and flexible room configurations used in commercial and hospitality settings.
• Installation, Maintenance & Modernization Services Professional services including installation, maintenance, modernization, and repair of automatic entrance systems and access solutions, supported by regional service operations and acquisitions such as MetaMatic.

Quantifiable outcome

• Over 1 billion passengers processed annually through Airsphere software at 250+ airports worldwide
• +4 more outcomes

Named customers14 records

Segments9 records

Ideal customer profiles8 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature7 records

Partnerships

Six partnerships are on record, tiered core and supporting.

• Airsphere GmbHcoreStrategic or Co-development Partner · 18 May 2026Dormakaba acquired Airsphere GmbH, an international software company founded in 2010 and based in Seefeld, Germany, specializing in passenger management systems for airports. Airsphere offers software for automation of passenger processes, airport logistics, and critical infrastructure security. Products are deployed at more than 250 airports worldwide including London Heathrow, Munich, Frankfurt, Amsterdam, Beijing, Newark, Orlando, Vienna, Zurich, Singapore, Hong Kong, and Bangalore. Airsphere's eGate software is deployed in more than 8,000 eGates, processing over 1 billion passengers annually. Dormakaba expects the transaction to be immediately accretive to Group EPS from day one.
• any2any GmbHcoreTechnology or Integration · 3 March 2026Dormakaba completed its acquisition of Munich-based software firm any2any GmbH, which specializes in mobile wallet credentials for access control solutions. The acquisition, finalized on March 3, 2026, strengthens dormakaba's capabilities in mobile credentials and adapts its solutions to mobile-first environments, supporting the company's strategy to expand digital access and recurring revenue from mobile-based authentication.
• SwiftConnect Inc.coreTechnology or Integration · 24 February 2026Dormakaba made a strategic minority investment in SwiftConnect Inc., a Connecticut-based company founded in 2020 that operates a platform integrating identity and physical access management into a unified network. The platform automates manual workflows and connects existing access systems, identity providers, and IT systems. CEO Till Reuter stated the investment focuses on 'openness and compatibility' as key success factors in future access management, with the platform described as having great growth potential and complementing dormakaba's global access solutions business.
• Vintech Systems Pty LtdsupportingStrategic or Co-development Partner · 3 February 2026Dormakaba signed an agreement to acquire the operating business of Vintech Systems Pty Ltd, a leading provider of electronic access solutions for hospitality in Australia. The asset deal, effective in early May 2026, added 42 employees and over 30 years of hospitality experience to dormakaba's operations. The company expects the acquisition to be accretive to Group EPS from day one and views it as a strategic complement to its existing North American hospitality business.
• Avant-Garde Systems Inc.supportingStrategic or Co-development Partner · 17 December 2025Dormakaba signed an agreement to acquire Avant-Garde Systems Inc., a US-based entrance systems control provider, as part of its North American expansion strategy. The acquisition aims to enhance dormakaba's market share in access automation solutions, particularly targeting verticals such as data centers and airports.
• MetaMatic GmbHsupportingStrategic or Co-development Partner · 2 December 2025Dormakaba acquired MetaMatic, a German company specializing in the modernization and maintenance of automatic entrance systems. The acquisition strengthens dormakaba's service business in Germany, aims to increase market share, and supports long-term growth. The transaction was expected to be immediately accretive to earnings.

Scale indicators11 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• HID Global (Assa Abloy): Provider of secure identity and access control solutions including card readers, credentials, and identity management. Overlaps directly with dormakaba's electronic access and mobile credential offerings.
• Allegion: US-listed pure-play provider of security products and access solutions (Schlage, Von Duprin, LCN). Head-to-head competitor in electronic access, door hardware, and lodging systems across the Americas.
• Salto Systems: Spanish-based competitor specializing in electronic access control and mobile key solutions for commercial, hospitality, and multi-family. Directly comparable in product line and target verticals.
• ASSA ABLOY: Swedish-headquartered global leader in locks, doors, and access solutions. Directly competes with dormakaba across mechanical locks, electronic access, and entrance systems in commercial, institutional, and residential segments worldwide.

Emerging players

• Verkada: Cloud-managed physical security platform combining video, access control, and sensors. Disrupting the legacy access market that dormakaba leads, particularly with new construction and modern commercial customers.
• Brivo: US-based cloud-native physical access control platform serving commercial real estate. Represents the SaaS-native model that dormakaba is pivoting toward with EntriWorX; competes in modern office and multi-tenant buildings.

Broad incumbents

• Bosch Building Technologies: German industrial incumbent providing access control, video surveillance, and intrusion systems as part of its broader building technologies portfolio. Competes in commercial and institutional access across Europe and globally.
• Honeywell Building Technologies: Broad incumbent in building automation, security, and access control as part of Honeywell's portfolio. Overlaps with dormakaba in commercial real estate, data centers, and airports but as part of a much larger industrial conglomerate.
• Johnson Controls: Global smart building and security provider (Tyco, Software House, Kantech). Competes with dormakaba on integrated access, video, and intrusion in commercial real estate, healthcare, and institutional markets.
• Siemens Smart Infrastructure: Siemens' building technologies division covers access control, building automation, and energy management. Overlaps in smart building integration, particularly with dormakaba's EntriWorX ecosystem and BACnet/Modbus interoperability needs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks2 records

Key highlights7 records

Customer concentration

• Xx.com/kabade1
• Facebookfacebook.com/Dormakaba-869692009735702
• LinkedInlinkedin.com/company/dorma

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries6 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A13 records

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about dormakaba Holding