Security

Acquisitions in the European Commercial Fire Detection Systems Market

This article was written by Daphne Tomlinson, Independent Senior Research Associate at Memoori The last 12 months have been a quiet year for commercial fire detection acquisitions by the leading fire safety conglomerates (Honeywell, Johnson Controls, Siemens and UTC) who have been focused on technology innovation as well as continuing to redefine their core businesses. However, second tier fire detection product suppliers have been active in the European market in 2017, enhancing their technology through acquisitions and expanding their reach through regional growth. Following the merger with Tyco in 2016, Johnson Controls has reduced its core fire safety business to that focused on buildings, with the divestment of two non-core activities: Grinnell mechanical products, suppliers of valves and connectors for piping systems, has been sold to Anvil, while they retain the Grinnell fire suppression business; and Scott Safety, suppliers of personal respiratory products to fire services has been divested to 3M. Honeywell has also been […]

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