Security

ADT Spain Sold for $98M: Another Johnson Controls Divestment

In this Research Note, we examine the latest divestment of Johnson Controls’ security business, the sale of ADT Spain to Sector Alarm, the Norwegian alarm monitoring company. We highlight the transaction details and strategic rationale, before commenting further on the overall divestment strategy in Johnson Controls fire and security businesses. Transaction Details Johnson Controls reported in its Q3 2026 10-Q filed 29th July that the company completed the sale of its ADT Spain Security business for net proceeds of $98 million on April 1, 2026. Sector Alarm & ADT Spain It was reported in the Spanish trade press on 13th April 2026 that Sector Alarm, the Norwegian alarm company had acquired ADT Spain. Established in Oslo, Norway in 1995, Sector Alarm is a safety provider with more than 730,000 customers. They have been in operation for over 30 years, delivering alarm solutions to homeowners and businesses across Europe. Sector Alarm is continuing to expand in […]

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