DORMA Adds Two Market Leaders in Moveable Walls To Its Family of Architectural Products.REAMSTOWN, Pa. -- DORMA has acquired two companies - Modernfold, Inc. and Huppe Form Raumtrennsysteme, both market leaders in the moveable wall and partition markets - and will form a new worldwide division to encompass these companies and associated products it currently manufactures.
Modernfold - the nation's second largest manufacturer of operable operable /op·er·a·ble/ (op´er-ah-b'l) subject to being operated upon with a reasonable degree of safety; appropriate for surgical removal.
adj. walls and accordion partitions - will become a part of DORMA Group North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , which is headquartered in Reamstown.
DORMA is an international supplier of products, systems, and services that provide comfort, safety, and security for pedestrian traffic of architectural openings in the commercial construction industry. The addition of moveable walls and room partitioning systems enhances DORMA's position as a worldwide leader in technology and innovation in the field of integral door concepts.
Effective Feb. 28, 2002, DORMA will acquire Modernfold Inc. a well-respected brand of operable walls and accordion partitions commonly found in conference and convention centers, hotels, classrooms and corporate meeting rooms. Headquartered in New Castle, Indiana New Castle is a city in Henry County, Indiana, 44 miles (71 km) east-northeast of Indianapolis, on the Big Blue River. In 1900, 3,406 people lived in New Castle, Indiana; in 1910, 9,446; in 1920, 14,458; and in 1940, 16,620. The population was 17,780 at the 2000 census. with facilities in Dyersville, Iowa Dyersville is a city in eastern Delaware and western Dubuque Counties in the U.S. state of Iowa. It is part of the Dubuque, Iowa Metropolitan Statistical Area. The population was 4,035 at the 2000 census and was estimated to be 4,167 in 2006. , and Sharonville, Ohio Sharonville is a city in Butler and Hamilton counties in the U.S. state of Ohio. The population was 13,804 at the 2000 census. Geography
Sharonville is located at (39.281259, -84.397253)GR1. , Modernfold employs about 340 people, manufacturing products marketed under the Acousti-Seal, Audio-Wall, Soundmaster, and Woodmaster names.
Retroactive to Jan. 1, 2002, DORMA has purchased Huppe Form Raumtrennsysteme GmbH, part of the Huppe Form Group of Oldenburg, Germany. With about 500 employees and 10 international subsidiaries, Huppe Form Raumtrennsysteme GmbH manufactures and markets sound resistant and glass movable walls, and demountable de·mount
tr.v. de·mount·ed, de·mount·ing, de·mounts
To remove (a motor, for example) from a position on a mounting or other support.
de·mount partitions under the Variflex, Varitrans, Combiline, and Multiroll names.
As the goal of these acquisitions Dr. Michael Schadlich, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the DORMA Group, named the expansion of the existing activities and the establishment of a new division including movable walls and room partitioning systems. Both companies have strong brand recognition and are well positioned in their respective markets, Huppe Form Raumtrennsysteme is number 1 in Europe and Modernfold is number 2 in the United States. "Altogether, its own present activities included, DORMA will be recognized as the world market leader in movable walls and room partitioning systems," Dr. Schadlich said.
The addition of these two companies grows the DORMA Group worldwide to 77 subsidiaries in 44 countries, while expanding its recognized competency in offering architects and designers around the world technical expertise and solutions both before and after the sale. This local assistance, backed by an international support organization and a diverse range of products, significantly differentiates the DORMA Group of companies from its competitors. Moveable walls now join door hardware, automatic doors, glass door hardware, and security products as part of the DORMA product portfolio.
Modernfold began in 1925 and the brand today still signifies quality and durability in product design, supported by a well established nationwide network of independent distributors who assist in layout development, product selection, project coordination, installation, training and service.
Huppe Form Raumtrennsysteme GmbH began production of accordion walls in 1955 and today is recognized for its distinguished design and tailored solutions capability along with its high quality products. Moveable wall systems include manually and automated versions.
DORMA is an international supplier of products "all around the door." With its hardware division, the company is the world market leader, and is the number two supplier of automatic door systems worldwide. Primary production plants are located in Europe, Singapore, Malaysia, China, North America and South America. Headquartered in Ennepetal, Germany, the Group obtained annual sales of 573 Million Euros (US$500 Million) in fiscal year 2000/01 ended June 2001, and has nearly 5,000 employees worldwide.
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Contact: Michael Drabenstott of swb&r, +1-610-866-0611 or email@example.com, for DORMA Group North America