In this Research Note, we examine the divestment of Bosch Security Products to Triton Partners, announced on 12th December 2024. We focus on the transaction, the new owner, and the realignment strategy in Bosch Building Technologies and the Energy and Building Technology business area. Bosch announced it planned to divest the business in October 2023, and we covered this in a research note at the time. Bosch Security Products Transaction Bosch Security and Safety Systems, a segment of Bosch Building Technologies, is a global product business for security and communications solutions. Products include video security, intrusion detection, and voice evacuation systems as well as access control and management systems. Professional audio and conference systems for communication of voice, sound, and music complete the range. The business operates with approx. 4,300 employees in 90 locations and generates more than €1 billion in revenues. The transaction is expected to be closed by the end of the first […]