The Dorma Group has acquired Rutherford Controls (RCI).
Vicky Rutherford, owner and CEO of Rutherford Controls Int'l Corp. (RCI) has announced today that she has agreed to sell RCI to The Dorma Group. The sale offers an opportunity for both companies to achieve significant growth in their primary market channels. This partnership also allows the two companies to leverage their strengths and product offering to provide a total solution to the Architectural Hardware Market.
"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," RCI President Eric Gowland said in a press release.
RCI benefits from Dorma's global market position, brand recognition, product portfolio & customer synergies - and strong alignment of culture and values. Dorma benefits from RCI's 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 and intend to maintain RCI business as usual including all customers, employees, sales representatives, suppliers and locations. "The America's region provides great opportunity 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," said Wil VandeWiel, Dorma Area President Americas, in the press release.
The Dorma Group is headquartered in Ennepetal, Germany, and operates on an international scale with companies in 49 different countries. It maintains major production plants in Europe, Singapore, Malaysia, China, North and South America.