Europe
Ameresco Energy Services Business & Expansion Strategy Examined
May 22nd, 2023Salto Systems Access Control Business & 2022 Financials Examined
May 17th, 2023
Portfolio Transformation at Carrier with Acquisition of Viessmann & Exit of Fire & Security Businesses
Carrier has announced strategic actions that will transform the Company’s business portfolio and establish Carrier as a pure-play, intelligent climate and energy solutions company. They will acquire Viessmann Climate Solutions in a cash and stock transaction valued at €12 billion. They also plan to exit their Fire & Security and Commercial Refrigeration cabinet businesses. This […]
Systemair Ventilation Business 2022 Examined
Founded in 1974, Systemair AB is a ventilation and air conditioning group with operations in more than 50 countries. The firm has reported an operating profit every year since its establishment and, over the past 10 years, the company’s average growth has averaged over 9%. In the 2021/22 financial year, Systemair achieved sales of SEK […]
US-China Trade War Continues To Polarize the Physical Security Market
The Physical Security industry has found itself on the frontline of the US-China trade ‘war’ and its involvement could have significant implications for its future and the future of the wider smart buildings and cities technology markets. “In recent years US-China geopolitical tensions within the physical security industry have escalated,” reports our latest security research. […]
Viessmann Group Business and Financials Examined
This Research Note examines Viessmann climate and refrigeration solutions business based on their 2021 financial results, press releases, acquisitions, and divestments. Founded in 1917, Viessmann is a leading global provider of sustainable climate (heating, cooling, water and air quality) and renewable energy solutions. The family-owned company is based in Allendorf, Germany with over 13,000 employees […]
European Building Automation Player Sauter Advances Growth Strategy in Facility Management Services
For more than 100 years, Sauter Group, based in Basel, Switzerland with a production site in Freiburg, Germany, has provided products, solutions and services for building management and room automation. With around 350 employees at the Basel site and 2,700 people worldwide, Sauter reported 2020 turnover of approx. €500 million, making them one of the second-tier building […]
Mapping the Global Digital Workplace Market in 2022
Our new research forecasts that the digital workplace market will grow rapidly at 20% per year between 2021 and 2026, rising from $3.70 billion in 2021, to $9.21 billion in just five years. Market growth will be largely driven by cost-control measures such as space rationalization and reconfigured solutions to help create safe and hybrid workspaces for […]
European Startups Leveraging AI for Autonomous Building Management
The market for AI-enabled energy management & sustainability services is growing fast and attracting a good number of new market entrants, with 32% of vendors now offering services for this space, states our recent report on AI and Machine Learning in Smart Commercial Buildings. Leading building controls companies including Honeywell, Siemens, Schneider Electric and Johnson Controls […]
Finnish FM Company, Caverion Strengthens European Building Automation Presence
Caverion, a Finnish listed company with €2.2 billion Euro revenues in 2020, is active in 11 countries in Northern, Central and Eastern Europe, supported by over 15,000 service and project employees. The group, formed in 2013 as a demerger of YIT Building Systems business, provides built environment services, such as technical maintenance and property management […]
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