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In this Research Note, we examine GEWISS, the Italian electrical products manufacturer highlighting the Group’s M&A strategy, demonstrated by 3 strategic acquisitions in lighting and building automation in 2024. Gewiss Group Profile Founded in 1970, GEWISS is the largest Italian corporation in the electrical engineering sector, with headquarters in Cenate Sotto, Bergamo. The company is a manufacturer of solutions for home & building automation, energy protection and distribution systems, smart lighting, and e-mobility. They achieved €620 million in revenue in 2023, and are present in over 100 countries, with 9 production plants, 28 commercial/service companies, and over 2,200 employees. Acquisition of Tvilight On 18th December 2024, GEWISS announced the acquisition of 75% of TVILIGHT, a Dutch startup, founded in 2012. Tvilight claims to be a European market leader in smart city street lighting solutions, with over 800 smart lighting projects deployed across 20+ countries, in cities such as Amsterdam, Berlin, Dortmund, Helmond, Jaipur and Seoul. […]
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In this Research Note, we examine Smart Spaces, a UK-based vendor of smart building software for commercial real estate. We take an in-depth look at the origins of the firm, it’s deployments, and growth aspirations. Smart Spaces Origins Smart Spaces was established in 2010 as D2 Interactive Ltd, founded by Dan Drogman and his brother […]
In this Research Note, we examine Kieback&Peter, one of the long-established German manufacturers and systems integrators of building automation solutions and services. This analysis is based on last month’s publication of their annual company accounts. We also highlight their recent product launches, the planned new headquarters, and a 2025 acquisition. Kieback&Peter GmbH & Co. KG […]
In this Research Note, we examine CBRE’s recent announcement of the creation of a new Building Operations & Experience business segment, in conjunction with the acquisition of Industrious, a US provider of flexible workplace solutions. We assess the changes to the former Global Workplace Solutions business and comment on the Industrious acquisition and the state […]
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