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BUFFALO GROVE, Ill.-Landis & Staefa, Inc. and Cerberus Pyrotronics have completed their respective acquisitions by Siemens AG, a $65 billion global leader in industrial and electronic technology. The two companies will be united as a new Siemens group called Siemens Building Technologies, with combined global revenues in excess of $3 billion.
Landis & Staefa and Cerberus Pyrotronics will continue to operate as independent divisions of Siemens Building Technologies. Both will continue with their current product offerings.
John Grad, who...