2 hours ago
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(AWP Alliance News) - Dormakaba is set to simplify its ownership structure by acquiring the Mankel family's 47.5% stake in dormakaba Holding GmbH & Co. KGaA and dormakaba Beteiligungs-GmbH, lifting the minority holding into the listed parent. The Mankel family is expected to receive total consideration of CHF 1.96 billion, comprising 36,005,261 newly issued shares valued at CHF 1.93 billion based on a CHF 53.68 share price, plus CHF 29.9 million in cash.
Independent adviser IFBC valued the 47.5% stake at CHF 2.59 billion on a mid-point discounted cash flow basis as of Aug. 7, 2026, with a range of CHF 2.25 billion to CHF 3.01 billion. IFBC concluded the consideration is fair from a financial point of view.
The share issuance would raise the Mankel family's stake in the listed company to 51.9% from 10.7%, reducing the Kaba family holding to 9.1% from 16.9%.
https://docs.publicnow.com/8A2692C5FCDC59443D8627DEE91B197DE1305CF3
Disclaimer: This news brief was created using generative artificial intelligence. DORMAKABA Holding AG published the original content used to generate this news brief on September 25, 2026, and is solely responsible for the information contained therein.
