Flacks Group completed the acquisition of Dorma Beschlagtechnik from Dormakaba Group.

Flacks Group, a private investment group based in Miami, completed the acquisition of Dorma Beschlagtechnik, a manufacturer of premium door fittings, from Dormakaba Group, a provider of secure access systems for buildings and interiors. Financial terms were not disclosed. Flacks Group intends to implement an international expansion strategy for DBT, which will reassume its previous brand OGRO.