Building Automation
LumenRadio: Lighting Soars 15.6% While Building Automation Slumps
June 29th, 2026Bosch Targets Small and Mid-Sized Buildings With SkyQ in 2026
June 22nd, 2026
Limbach 24.7% Revenue Growth Fueled by 6 Verticals
This Research Note examines Limbach Holdings Inc, a NASDAQ-listed company that offers mechanical, electrical, and plumbing services for mission-critical facilities. We explore their financial highlights, based on their March 2026 results and investor presentation, their key vertical markets and the acquisition of Pioneer Power. This article updates our previous coverage of the company in November […]
Honeywell Technologies Sees Strong M&A Upside After 2026 Spin-Off
This Research Note examines the Building Automation business of Honeywell Technologies presented at their Investor Day on 11th June 2026. This article updates our previous commentary on Honeywell’s automation spinoff in October 2025 and their 2025 results in February 2026. Honeywell Technologies Simplified the portfolio into a pure-play automation leader, spinning off Aerospace and Advanced […]
CAREL: Strong Growth to €629M Fuels Pivot Beyond HVAC Components
This Research Note examines Carel Industries SpA, an Italian public company manufacturing control products for HVAC and refrigeration applications. We highlight their latest 2025 financial results, revised strategy and product and service development in 2025. This article updates our previous coverage of the company in July 2023. Carel Group Profile Established in 1973, the Carel […]
Azbil’s Strategy Drives $983 Million in Building Automation Revenue
This Research Note examines Azbil, a Japanese public company with a leading position in the domestic building automation market. The financial highlights and medium- to long-term outlook for the Building Automation (BA) business are based on its FY 2025 annual results, year-end 31st March 2026, investor presentation dated 13th May 2026, and Memoori analysis. See […]
Nordomatic’s UK Growth Examined: 4 Acquisitions Since 2022
This Research Note examines the Nordomatic Group, a Swedish building management systems integrator. We highlight its expansion journey, before drilling down into the UK business, created from 4 acquisitions over the last four years. This article updates our previous coverage of the company in August 2025. Nordomatic Group Profile The Nordomatic Group is one of […]
Johnson Controls Data Center Strategy: 5 Key Moves Since 2021
While Johnson Controls has been primarily focused on portfolio transformation and divestments in recent years, the HVAC giant has also been accelerating its position in the data centers vertical, as the May 2026 partnership and investment in Armada demonstrates. This Research Note highlights Johnson Controls’ acquisitions, strategic alliances, and product launches over the past five […]
Emcor US Building Services Revenue Hits $3.12 Billion
This Research Note examines EMCOR Group, one of the largest mechanical and electrical contractors in the United States with a focus on its U.S. building services business in 2025. This article updates our coverage of the group in September 2025. Emcor Corporate Overview The group has four reportable segments: Electrical construction and facilities services; Mechanical […]
Assemblin Caverion: A Closer Look at the €3.7B Building Services Giant
This Research Note examines Assemblin Caverion in 2025 and 2026, following the completed merger in April 2024. We explore group strategy, the first full year of financial results and highlight recent activities and acquisitions in the smart buildings sector. This article updates our previous coverage of the group in March 2024, November 2022, and September […]
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