The acquisition deal has obtained necessary regulatory approvals as per the Kuwaiti state laws. With the formal agreement in place, Dorma Kuwait has now been established as a shareholder entity with a full-fledged country office presence in charge of complete operational control of Dorma's strategic business in Kuwait.
Dorma is a world market leader in door controls and glass fittings and is a leading producer in the automatics, movable wall partitions, and security, access & emergency controls systems. The group has realized sales of €944.4m in fiscal year 2010/11 (June 30).
Read more: www.ameinfo.com/281789.html#story