The Hilti Group has acquired bst Brandschutztechnik Döpfl GmbH to enhance its fire protection system offerings in the energy and industrial sectors.
Information on the Target
The Hilti Group has officially acquired bst Brandschutztechnik Döpfl GmbH, an Austrian firm, including its sales operations in Germany, effective January 31, 2018. Founded in 2011, bst Brandschutztechnik specializes in providing sealing solutions for cable penetrations in the energy and industrial sectors, effectively insulating cable openings against water, gas, and fire. The company is based near Vienna, Austria, and currently employs 15 skilled professionals who focus on development, manufacturing, and sales.
This acquisition enhances Hilti's portfolio by integrating bst's innovative fire protection system solutions, particularly in cable sealing systems, to better serve its clientele in the rapidly evolving energy and industrial markets.
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Industry Overview in Austria
The fire protection industry in Austria has experienced significant growth in recent years, driven by stringent regulations and increasing demand for safety solutions across various sectors
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Hilti Group
invested in
bst Brandschutztechnik Döpfl GmbH
in 2018
in a Buyout deal