Dorma has acquired Door Service Centre (DSC), its long-standing distributor in Kuwait, with the resulting company – Dorma Kuwait – now beeing 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, world market leader in door controls, movable walls and glass fittings and accessories, has announced the acquisition of Door Service Centre (DSC), its long-standing distributor in Kuwait. 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.
As per the acquisition, Dorma has acquired DSC’s Automatic Sales, Maintenance and Service, and Installation and Hardware business, while DSC will continue as a producer and supplier of steel and wood doors and remain as a key Dorma customer.
The move will strengthen the Dorma’s market position in the region and enable the company to rollout its extensive product portfolio spanning Door hardware, Glass, Automatic, Movable Walls and Security Time Access.
Ben Shaw, regional director, Dorma MENA, said in a statement that: “Dorma Kuwait’s establishment reflects a strategic realignment and bolstering of Dorma’s existing sales channels in the country. With this strategic acquisition, Dorma will now offer integrated solutions for all door technology needs of the customers covering the entire unique value delivery processes from project specifications to commissioning and technical support under a corporate brand.
“I would like to express my sincere appreciation to Door Service Centre for its continued patronage of successfully representing Dorma in Kuwait for over 30 years. I am confident that Dorma Kuwait will be instrumental in strengthening Dorma’s position in a relatively steady Kuwaiti market and bring in rich, original experience and technical expertise to our customers,” he added.
Mohammed Ali Al- Mahmoud, senior manager of Door Service Centre remarked, “The acquisition is part of DSC’s overall strategy to further penetrate the Kuwait market. We are committed towards growing the company for the benefit of all our suppliers and our dedicated employees, while ensuring to continuously deliver the best possible services to customers in an increasingly competitive market.”
Dorma is also a leading producer in the automatics, movable wall partitions, and security, access and emergency controls systems. The group realized sales of EUR 944.4 million in fiscal year 2010/11.
Dorma has rapidly increased its market share in the Middle East and North Africa over the past seven years and is a market leader in door controls and automatic business with a 35% share of the market in Kuwait.