Smart Buildings

Consolidation Intensifies in European Building Automation & Energy Services Market

This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. The European building automation market is seeing further evidence of consolidation and investment, as acquisitions continue to intensify competition in the sector. In the last two years, corporate buyers providing building management solutions, energy services and technical facilities management have acquired solution providers and system integrators as a strategic investment or as bolt-on acquisitions to expand their offering to commercial building owners and operators. Some of the key transactions are highlighted below, all taken from Memoori’s H1 and H2 reports on M&A and Investments in Smart Buildings. In Germany, Bosch Building Technologies announced the acquisition of GFR – Gesellschaft für Regelungstechnik und Energieeinsparung mbH headquartered in Verl, in July 2019. GFR offers complete building automation solutions, hardware and software products as well as related services. The company augments the Bosch portfolio of building automation solutions for more security, comfort, and efficiency in commercial […]

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