A solution with base R:
# create a new variable from the rownames
df1$rn <- rownames(df1)
df2$rn <- rownames(df2)
# bind the two dataframes together by row and aggregate
res <- aggregate(cbind(x,y,z) ~ rn, rbind(df1,df2), sum)
# or (thx to @alistaire for reminding me):
res <- aggregate(. ~ rn, rbind(df1,df2), sum)
# assign the rownames again
rownames(res) <- res$rn
# get rid of the 'rn' column
res <- res[, -1]
which gives:
> res x y z A 1 2 3 B 2 3 4 C 4 6 8 D 6 8 10 E 8 10 12 F 4 5 6 G 5 6 7