Dormakaba acquires Alliants while Dormakaba stock costs EUR 69.60

Published on 10/06/2026 at 14:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sales hit CHF 2.79 billion in fiscal 2025/2026, up 3.00 percent organically. Dormakaba stock costs EUR 69.60 on October 6, 2026 after EUR 69.05.

Schwarzweiß-Reportagefoto eines Technikers bei der Montage eines Türschließzylinders — Dormakaba Holding AG (CH0011795959) illustriert in Schwarzweiß-Reportage die präzise Montage eines Schließzylinders durch einen Techniker, Illustration mit AI erstellt.

Dormakaba agreed to acquire British hospitality technology company Alliants on September 15, 2026, while Dormakaba stock was at EUR 69.60 at Lang & Schwarz on October 6, 2026. The transaction expands the access-solutions group’s digital offering for hotels and adds a fresh strategic angle after fiscal 2025/2026 delivered 3.00 percent organic growth.

Alliants adds digital hotel access

As MarketScreener reported on September 16, 2026, dormakaba is taking over Alliants, a British software company focused on digital hotel keys. The deal strengthens the company’s hospitality access solutions, a vertical that had weighed on its first-half performance before improving demand supported the second half.

The acquisition also fits dormakaba’s broader push toward targeted mergers and acquisitions. Management said the group completed eight acquisitions during fiscal 2025/2026, while the United States remains a priority growth market.

Margin expansion offsets softer sales

According to the Yahoo Finance transcript dated September 1, 2026, net sales reached CHF 2,792.4 million in fiscal 2025/2026, with 3.00 percent organic growth. Adjusted EBITDA rose to CHF 449.0 million, producing a record 16.10 percent adjusted EBITDA margin and marking the third consecutive year of margin expansion.

The operating picture was mixed beneath the headline growth rate. Pricing contributed 2.60 percent, volume added 0.40 percent, and currency translation reduced reported sales by 4.90 percent. For the next fiscal year, management guides to organic net sales growth above 3.00 percent and an operating cash flow margin of 10.50 to 11.50 percent.

Stock remains below its yearly high

The euro quote sits below the primary-market range’s high point. On SIX, the share was last at CHF 65.30 on October 6, 2026 at 2:20 p.m. CEST, against a 52-week range of CHF 47.15 to CHF 72.90. The current euro quote is therefore close to the upper part of that range, but its daily move remains below the 1.00 percent threshold for a directional headline.

At Lang & Schwarz, the stock was trading at EUR 69.60 on October 6, 2026 at 2:40 p.m. CEST, up 0.80 percent versus the prior close of EUR 69.05 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Dormakaba stock.