Energy Efficiency

This Research Note covers Zumtobel, the Austrian-listed lighting group. It looks at the group’s results for the financial year to April 30, 2026, first-quarter trading for 2026/27, and its smart building strategy. That strategy includes new open standards work with Fagerhult and a run of partnerships with building technology vendors. This note updates our coverage […]

This Research Note examines the acquisition of Italian building automation specialist iSMA CONTROLLI by IMI plc, the UK-listed engineering group.  We explore the transaction details, strategic rationale, the target company profile and IMI’s Climate Control sector, before commenting on the deal. Transaction Details IMI plc announced on 7th October 2026 that it has agreed to […]

This Research Note examines the proposed acquisition of Ecolibrium Inc. by Built Cybernetics plc, a London AIM-quoted PropTech group delivering Smart Buildings and architectural services.  We explore the transaction details and strategic rationale before assessing Ecolibrium’s SmartSense platform, based on Memoori’s recent report on AI in Commercial Buildings. This article updates our previous coverage of […]

This Research Note explores Nordomatic Group, an independent European system integrator for Building Management Systems (BMS) based in Sweden. We examine the group’s software offerings, ownership, and financial results in the past 12 months before assessing M&A strategy over the last decade, based on public records, press releases, and Nordomatic 2025 Sustainability Report. This article […]

This Research Note examines the Swedish building automation group, AB Regin. We explore brands, business model and changes in ownership before highlighting their relocation of actuator production from Taiwan to Italy and their 2025 financial results. This article updates our previous coverage of the group in October 2024 and June 2022. Regin Group Profile Aktiebolaget […]

This Research Note examines the recent transition of Brightly Software to Siemens Asset Management Software.  We highlight the strategic integration into the Siemens portfolio as the foundation for asset health and management, explore the software expansions, recent AI enhancements, and analyse the impact of the acquisition on Siemens SI digital software capabilities and Building X. […]

This Research Note examines Apleona, the German facilities management provider, since the group’s acquisition by Bain Capital in February 2025.  We explore its financial highlights in 2025, its market position in Europe, and assess its acquisitions and strategic investments in the last 18 months. This article updates our previous coverage of Apleona in February 2025. Apleona […]