Fire Detection
Wagner Fire Protection Business & 2024 Financials Examined
November 27th, 2024Siemens Buildings Business & FY 2024 Financials Examined
November 18th, 2024
Mapping the Strategic Direction of Bosch Energy & Building Technology in Smart Buildings 2024
This Research Note examines the emerging strategic priorities of Bosch Energy & Building Technology (EBT) sector in the smart buildings space. The EBT businesses comprise Building Technologies, Home Comfort (formerly Thermotechnology), and Bosch Global Service Solutions divisions. We have mapped acquisitions, divestments, strategic partnerships, and investment activity to ascertain the growth ambitions of the business […]

Carrier Portfolio Transformation: Exit of Commercial & Residential Fire Businesses
This Research Note reviews Carrier’s announcement to divest its commercial and residential fire business to an affiliate of Lone Star Funds for an enterprise value of $3 Billion. This transaction is part of a series of divestments, brought about by the acquisition of Viessmann Climate Solutions. The state of play of Carrier’s portfolio transformation activities […]

The Burning Questions Around Fire Safety in Smart Buildings
Fire has always been a leading concern for buildings and regulators, which has led to compliant fire safety systems in almost every commercial building in developed economies around the world. However, this traditional stringency around fire safety has separated fire safety from wider building systems as they continue their rapid digital transformation and comprehensive interconnection. […]

What’s Behind Bosch Building Technologies’ Acquisition of DMS AG?
This Research Note examines what’s behind Bosch Building Technologies’ acquisition of DMS AG, a German systems integrator for building and factory automation. We profile the acquired company and highlight the strategic rationale of the transaction, the growth strategy of Bosch Building Technologies division, and its divestment plans. DMS AG Profile Founded in 1981, DMS Digitale […]

Halma Fire Safety Businesses & 2024 Financials Examined
This Research Note examines the fire detection and suppression businesses of Halma plc, part of the Safety Sector of the UK public company. This analysis is based on financial releases, investor presentations, year ending 31 March 2024, announced on 13th June 2024, and Memoori analysis of the major companies and estimated revenue mix of the […]

Comelit Physical Security & Building Automation Business 2024 Examined
In this Research Note, we explore Comelit Group SpA, an Italian manufacturer of physical security systems, highlighting its M&A growth in the last 5 years culminating in its entry last month into the building automation market. Founded in 1956, Comelit specializes in the design and manufacture of video entry, video surveillance, anti-intrusion, home automation, access […]

10 Notable Physical Security Acquisitions in 2023
This Research Note reviews physical security acquisitions in the commercial smart buildings space over the last 12 months. We highlight significant M&A transactions in video surveillance, access control, electronic locking, alarm monitoring, fire detection & suppression, and life safety systems. 3 major transactions in the physical security sector were completed in 2023 – Carrier divested […]

Carrier Portfolio Transformation: Update on Business Exits and Viessmann Acquisition
This Research Note reviews Carrier’s announcement to divest its commercial refrigeration business to Chinese manufacturer, Haier. This transaction is part of a series of divestments, brought about by the acquisition of Viessmann Climate Solutions. The state of play of Carrier’s portfolio transformation activities is assessed including the exit of the fire and security businesses. Carrier […]