Siemens to Acquire Fire Safety Business from Danfoss to Strengthen Sustainable Portfolio

  • October 11, 2024
  • Siemens
  • Danfoss
  • Information

Recap

Siemens to Acquire Fire Safety Business from Danfoss to Strengthen Sustainable Portfolio
Siemens to Get Fire Security Company from Danfoss to Enhance Lasting Profile

Siemens Smart Facilities has actually accepted obtain Danfoss Fire Security, which concentrates on fire reductions innovation and is a subsidiary of Denmark-based Danfoss Team. The procurement is anticipated to increase development and speed up the shift in the direction of using a lasting fire safety and security profile.

Danfoss Fire Security will certainly report right into the Structures Company System, which becomes part of Smart Facilities, generally enhancing its profile with its high-pressure water haze, a remarkable and fast-growing fire reductions innovation. The effective snuffing out system is non-polluting, enabling Siemens to offer clients worldwide with an eco-friendly remedy.

“With the procurement of Danfoss Fire Security, Siemens will certainly be highly placed to deal with a change in the direction of sustainability in the fire reductions market. Improving our offering will certainly place us to far better address details requirements, particularly in rapid expanding sectors such as information facilities, commercial procedure room and passages,” claimed Susanne Seitz, Chief Executive Officer Structures Company System at Siemens Smart Facilities. “This calculated action will certainly additionally boost our setting in the worldwide fire safety and security market, leading the way for additional development.”

“Danfoss Fire Security has actually turned into an international leader in the sales, advancement, manufacturing, and solution of accredited set firefighting systems. Nonetheless, it drops outside our calculated emphasis. We are certain that business, together with our Fire Security associates, will certainly grow under Siemens’ possession. Our top priority currently is making certain a smooth shift for our workers, clients, vendors and companions,” claimed Troels H. Petersen, elderly vice head of state for Company M&A at Danfoss.

Considering That 2019, Danfoss Fire Security has actually run as a fully-owned, non-core service of Danfoss Team, and presently utilizes 125 individuals. It will certainly remain to run as a different lawful entity, under the banner “A Siemens Company”. The deal goes through regulative authorizations, with shutting anticipated by the end of fiscal year 2024. Regards to the deal are not divulged.

Concerning Siemens

Siemens AG ( Berlin and Munich) is a leading innovation firm concentrated on market, facilities, flexibility, and health care. The firm’s function is to develop innovation to change the day-to-day, for every person. By integrating the actual and the electronic globes, Siemens encourages clients to increase their electronic and sustainability changes, making manufacturing facilities much more effective, cities much more comfortable, and transport much more lasting. Siemens additionally possesses a bulk risk in the openly provided firm, Siemens Healthineers, a leading worldwide clinical innovation carrier forming the future of health care.

Concerning Danfoss

Danfoss designers options that enhance equipment efficiency, minimize discharges, reduced power intake, and allow electrification. Our options are utilized in such locations as refrigeration, a/c, home heating, power conversion, electric motor control, commercial equipment, automobile, aquatic, and off- and on-highway tools. We additionally supply options for renewable resource, such as solar and wind power, along with district-energy facilities for cities. Our cutting-edge design go back to 1933. Danfoss is family members- and foundation-owned, using greater than 41,000 individuals, offering clients in greater than 100 nations via an international impact of 95 manufacturing facilities.


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