RCI Sold To DORMA

Vicky Rutherford, owner and CEO of Rutherford Controls Int'l Corp. (RCI), a privately held, family owned business for almost 90 years, announces that she has agreed to sell RCI to The DORMA Group. RCI is a globally connected organization providing the security, locksmith and architectural hardware markets with innovative electric locking and access control solutions.

RCI benefits from DORMA's global market position, premium brand recognition, product portfolio & customer synergies - and strong alignment of culture and values.

"RCI is excited to play a key role in accelerating DORMA's growth throughout the Americas. Joining forces with DORMA will further enhance both our companys' abilities to dominate our industry as innovative leaders in access control solutions," said RCI President Eric Gowland.

DORMA benefits from RCI's premium position in the North American security and locksmith Distribution channels and its solid ties to the security and locksmith dealer base. DORMA intends to keep the trusted RCI brand. They also intend to maintain RCI business as usual including all customers, employees, sales representatives, suppliers and locations.

This acquisition extends DORMA's portfolio of ANSI-compliant electromechanical access control products and systems, and strengthens DORMA's presence in the North American market. Headquartered in Cambridge, Ontario (45 minutes southwest of Toronto), RCI also has a subsidiary in Virginia, a new warehouse opening in southern California, and a sales network of more than 50 agents across North and South America.

"The Americas region provides great opportunities for gaining market share based on our ability to offer integrated premium access solutions, and the RCI acquisition represents a big step forward in this regard," commented Wil VandeWiel, Area President of DORMA Americas.

A privately held, family-owned business for more than 100 years, DORMA has grown into a world market leader in door controls, automatics, movable walls, glass fittings and accessories. The DORMA Group headquartered in Ennepetal, Germany, operates on an international scale with companies in 49 different countries. They maintain major production plants in Europe, Singapore, Malaysia, China, North and South America. For more information, visit Dorma's website  www.dorma.com.

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