Siemens completes acquisition of Danfoss Fire Safety – ET HealthWorld

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Switzerland: Siemens Smart Infrastructure has announced the completion of its acquisition of Danfoss Fire Safety, a Denmark-based fire safety firm.

The acquisition process began in October this year when Siemens expressed its intention to acquire Danfoss Fire Safety, which had been a fully owned, non-core business of the Danfoss Group since 2019. For the time being, the company will operate as a separate legal entity under the name SEMSAFE Fire Safety A/S.

“We are looking forward to working closely with our new colleagues after successfully concluding the acquisition of the fire safety business from Danfoss. With Danfoss Fire Safety’s efficient, non-polluting extinguishing systems, we can now serve customers globally with an environmentally friendly fire suppression solution,” said Susanne Seitz, CEO of Siemens Smart Infrastructure Buildings.

The acquisition will enable Siemens to expand its sustainable fire safety portfolio, incorporating high-pressure water mist and low-pressure CO₂ systems.

  • Published On Dec 2, 2024 at 05:26 PM IST

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