24th March 2021
dormakaba UK & Ireland acquires RTR Services Ltd
Dow Schofield Watts Transaction Services has provided financial due diligence to dormakaba UK & Ireland in respect of its acquisition of RTR Services Ltd. Ed Brentnall and Matt Jones of DSW advised dormakaba.
RTR Services is based in Essex, with additional operations in Lichfield, and is a leading UK distributor of specialist automatic and manual door products.
dormakaba is a top three provider of buildings security and access solutions globally. The acquisition will broaden dormakaba’s distribution arm within the UK & Ireland, whilst enhancing technical capabilities and infrastructure.
DSW has assisted Dorma UK/dormakaba over a number of years, advising on multiple transactions including the acquisitions of Ascot Doors, Aluspec, ADRS Solutions, Chartwell Doors and 1St Access Group.
Ed Brentnall (DSW TS partner) commented “It’s pleasing to see a business with whom we’ve worked for a number of years continue to grow. RTR Services is a great fit with dormakaba’s offering and we wish Shane, Paul and both businesses all the best with integration and continued future growth”.