Fire Detection

In this Research Note, we examine Wagner Group GmbH, the German fire protection solutions provider, based on their 2023/2024 results, and the group’s recent expansion strategy. This updates our previous coverage of Wagner Fire from October 2023. Wagner Fire Product Portfolio & Target Markets The group, headquartered in Langenhagen, Germany is one of the technology […]

In this Research Note, we examine the buildings business of Siemens, which operates within the Smart Infrastructure (SI) division, based on their Q4 earnings release and investor presentations of 14th November 2024. This article focuses on the latest financial results, divisional revenue mix, senior management appointments, and acquisitions. Siemens Smart Infrastructure Q4 FY 2024 Financials […]

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 […]

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 […]

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. […]

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 […]