Dormakaba to simplify ownership and sell headquarters

Dormakaba Holding AG has announced several strategic moves, including a plan to simplify its ownership structure and a sale-and-leaseback agreement for its global headquarters in Rümlang, Switzerland.

To streamline ownership, the company proposes to acquire the Mankel family’s 47.5% stake in its operating business for CHF 2.13 billion. In exchange, the family will receive approximately 36.16 million new shares and CHF 29.9 million in cash. Following this transaction, the Mankel family is expected to hold roughly 52% of the group’s shares and voting rights. This move aims to increase transparency and comparability for investors.

Additionally, dormakaba has signed an agreement to sell its Rümlang headquarters to the Swiss-listed real estate fund Schroders ImmoPLUS for over CHF 80 million. The company will lease the site back under a long-term agreement with an initial term of 12 years, ensuring operational continuity while unlocking capital for strategic investments.

In its 2025/26 fiscal year results, dormakaba reported organic growth of 3.0%, though net sales decreased by 2.7% to CHF 2.79 billion. The company achieved a record adjusted EBITDA margin of 16.1%. Net profit stood at CHF 185.2 million. The board has proposed a dividend of CHF 0.95 per share.