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Dorma Acquires Rutherford Controls International

Post Time:Nov 16,2012Classify:Company NewsView:497

 

The Dorma Group has acquired Rutherford Controls International (RCI), which serves the security, locksmith and architectural hardware markets with electric locking and access control solutions. According to an RCI announcement, the sale offers an opportunity for both companies to achieve significant growth in their primary market channels, and allows the two companies to leverage their strengths and product offering to provide a total solution to the architectural hardware market.

 

“RCI is excited to play a key role in accelerating Dorma's growth throughout the Americas,” says RCI president Eric Gowland. “Joining forces with Dorma will further enhance both our companies' abilities to dominate our industry as innovative leaders in access control solutions."

 

The announcement notes that Dorma intends to keep the RCI brand and also to maintain RCI business as usual including all customers, employees, sales representatives, suppliers and locations.

 

"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," adds Wil VandeWiel, Dorma area president Americas.

 

Source: http://www.usgnn.comAuthor: shangyi

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