This Research Note examines what’s behind the acquisition of Danfoss Fire Safety A/S by Siemens Smart Infrastructure announced on 8th October 2024. We review the transaction details, the strategic rationale, the SEM-SAFE fire protection system, and deployments before assessing how this acquisition fits into Siemens fire safety portfolio. Transaction Details Siemens Smart Infrastructure has agreed to acquire Danfoss Fire Safety, formerly Danfoss Semco, for its Buildings Business Unit. The transaction is subject to regulatory approvals, with closing expected by the end of calendar year 2024. Terms of the transaction are not disclosed. Danfoss Fire Safety is a non-core business of Danfoss Group having fallen outside their strategic focus since 2019. The firm, headquartered in Odense, Denmark employing 125 people, will continue to operate as a separate legal entity, under the banner “A Siemens Business”. Strategic Rationale The acquisition is expected to boost growth and accelerate the transition towards offering a sustainable fire safety portfolio with […]