Rümlang, 4 February 2026 – dormakaba has signed an agreement to acquire the operating business of Vintech Systems Pty Ltd. (“Vintech”) on 3 February 2026. With this move, dormakaba is strengthening its hospitality business in Australia. This acquisition supports the company’s vertical market strategy to drive focused expansion of the business in its core countries. The transaction is an asset deal and will take effect in early May 2026.
Vintech is a leading provider of electronic access solutions for hospitality in Australia with over 30 years of experience. With a strong focus on sustainability and energy efficiency, Vintech is the preferred partner of numerous hotel groups and other accommodation providers in the South Pacific. In addition to supplying and installing products, the company also offers turnkey solutions, project management, and comprehensive customer service. Thanks to its strong market presence and distinctive service culture, it is an ideal complement to dormakaba's offering in Australia. Vintech was founded in 1996 and is based in Hornsby, Australia. The company currently employs 42 people.
Till Reuter, CEO dormakaba, says: "I am delighted to welcome our new colleagues from Vintech to dormakaba. With this acquisition, we are strengthening our vertical market strategy and accelerating the targeted expansion of our business in our core markets. It enables us to scale our hospitality business beyond our well-established North American business. At the same time, it opens up additional opportunities for us to gain market share in the core market Australia and continue to grow profitably.”
dormakaba expects the transaction to be accretive to Group EPS from day 1. The parties have agreed not to disclose further details and the financial terms of the transaction. dormakaba expects to close the acquisition of the operating business of Vintech Systems Pty Ltd. in early May 2026.
| Further information for: | |
| Investors | Media |
| Swetlana Iodko Schoordijk | Patrick Lehn |
| Head Investor Relations | Press Officer |
| T: +41 44 818 90 28 | T: +41 44 818 92 86 |
| swetlana.iodko@dormakaba.com | patrick.lehn@dormakaba.com |