DORMA Acquires RCI, Extending Portfolio of Electromechanical Access Control Products and Systems

Date: 19 November 2012
Source: www.dorma.com

Date: 19 November 2012

Reamstown, Pa. – Supporting growth strategies throughout the western hemisphere, DORMA has acquired the Canadian company Rutherford Controls Int’l Corp. (RCI) through DORMA Americas.

This acquisition extends DORMA's portfolio of ANSI-compliant electromechanical access control products and systems, and strengthens DORMA's presence in the North American market. Headquartered in Cambridge, Ontario (45 minutes southwest of Toronto), RCI also has a subsidiary in Virginia, a new warehouse opening in southern California, and a sales network of more than 50 agents across North and South America.



"The Americas region provides great opportunities 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 VandeWiel, Area President of DORMA Americas.



RCI President Eric Gowland enthusiastically described the opportunities created by this combination of two of the best-known 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 companies’ 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," said DORMA CEO Thomas P. Wagner.



Like DORMA, RCI has a long tradition of providing innovative electronic access control solutions. RCI's culture aligns with DORMA's values, mission and vision. Also like DORMA, RCI is a premium supplier in its segment. For this reason the RCI brand will be retained after the closing of the deal. RCI management is also to remain actively involved in leading the business. DORMA has appointed Josh Horvath as Integration Manager, the officer responsible for ensuring that the transition and RCI's entry into the DORMA family are successfully facilitated.



Some 50 RCI employees serve the Canadian and US markets, 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.

600450 DORMA Acquires RCI, Extending Portfolio of Electromechanical Access Control Products and Systems glassonweb.com

See more news about:

Others also read

The Emirates Arena and Sir Chris Hoy Velodrome have just been completed, creating a new world class sporting landmark for Scotland.
Hawaii and Texas Top List of 20 States and D.C. Adding Construction Jobs Since November 2011 as Delaware and New York Trail; Vermont and Louisiana Led 19 States with One-Month Gain, D.
SAGE Electrochromics, Inc., a world leader in the development and manufacture of dynamic glass, located in Faribault, Minn., today announced it has filed a lawsuit in U.S.
The United States is honoring its role, to the best of its ability, as the world's locomotive, although despite the positive performance of the real estate market, America seems to be recovering slower than expected.
The EBRD is providing loans worth €110 million to Turkish glass manufacturer Trakya Cam A.Ş. that will expand its product range at home and in Bulgaria and also establish a presence on the Russian market, setting new standards in energy efficiency.
Irving, Texas (PRWEB) December 18, 2012 - The global automotive glass industry experienced good growth over the last five years and is expected to grow moderately with a CAGR of 3% over the next five years (2012-2017) to reach revenue of approximately US $17 billion in 2017.

Add new comment