Siemens Acquires Fire Safety Business Of Denmark-based Danfoss
Siemens Smart Infrastructure has agreed to acquire Danfoss Fire Safety, which specializes in fire suppression technology and is a subsidiary of Denmark-based Danfoss Group. The acquisition is expected to boost growth and accelerate the transition towards offering a sustainable fire safety portfolio. Danfoss Fire Safety will report into the Buildings Business Unit, which is part of Smart Infrastructure, mainly enriching its portfolio with its high-pressure water mist, a superior and fast-growing fire suppression technology. The efficient extinguishing system is non-polluting, […]