Corporate Partner Craig Scott and Senior Associate Michael Murphy from Hill Dickinson’s corporate team have advised DORMA UK Ltd on its acquisition of Cambridge based ADRS Solutions Limited.
DORMA offers holistic solutions covering all facets of door operability, from hinges, locks, closers and floor springs to automatic door systems and time and access control solutions. The acquisition is in line with DORMA’s stated aim to become the trusted global partner for premium access solutions and services.
ADRS has established itself as a strong partner to the retail sector of the UK Service Market, providing a full solution of service, modernisation and rapid screen work to its clients. Craig Gilmour, Regional Director UK & Ireland commented, “This acquisition builds upon DORMA’s previous acquisition of Ascot Doors Ltd in October of last year, which positioned us as a complete one-stop-shop solution for front to back of building access requirements.”
Paul Wright, ADRS’s Director stated, “We pride ourselves on our competitiveness, quality, efficiency and turn around, within the highly demanding retail environment. All relevant industry accreditations have been successfully awarded, along with committed steps to investing in our people and processes. Being a part of DORMA will help us to continue our company’s growth.”
Commenting on the acquisition, Craig Scott, partner in Hill Dickinson’s corporate team, said: “Mike and I are delighted to have again assisted DORMA UK to deliver the completion of this latest strategic acquisition, being part of an exciting period of expansion for the group in the UK and the third key acquisition that Hill Dickinson have now completed for DORMA in the UK.”
Phil Price of Dow Schofield Watts provided corporate finance advice and transaction support to Dorma UK in respect of the transaction.
About ADRS Solutions Limited:
ADRS Solutions Limited is based in Cambridge, and currently employs 45 people. It was registered as a standalone business in January 2011, following 5 years trading as part of O’Sullivan Shopfitting Limited. The business has grown rapidly and now encompasses full design, installation and maintenance.
About DORMA UK Limited:
DORMA is the trusted global partner for premium access solutions, security systems & services enabling better buildings. With over 100 years of tradition behind it, the company offers holistic solutions covering all facets of door operability – from hinges, locks, closers and floor springs to automatic door systems and time & access control solutions. DORMA also supplies horizontal sliding wall systems. In fiscal 2013/2014 (June 30), the DORMA Group generated consolidated sales amounting to 1,060 million euros. Headquartered in Ennepetal, the internationally active DORMA Group is represented in more than 50 countries and employs some 7,500 people worldwide.