dormakaba says Mankel family stake rises to 52.09% after ownership simplification deal

(AWP Alliance News) - Dormakaba plans to simplify its ownership structure by buying the Mankel family's 47.5% stake in the operating business for CHF 2.13 billion, paid mainly in 36,161,560 newly issued shares. On completion, the Mankel family is expected to hold 52.09% of shares and voting rights, up from its current 10.8% stake in the listed holding company.

The deal requires a selective opting-out to waive a mandatory tender offer obligation under the new control position. The Kaba family's expected 9.05% stake will move into free float once existing shareholder agreements are terminated.

Closing is targeted for around Jan. 7, 2027.

https://www.publicnow.com/view/740B30E662AF2D9179FB0778242B945D8A1F8B5C…

Disclaimer: This news brief was created using generative artificial intelligence. DORMAKABA Holding AG published the original content used to generate this news brief via EQS News on September 01, 2026, and is solely responsible for the information contained therein.